DID BRIAN C KENNEDY CAUSE YOU INVESTMENT LOSSES?
Brian Kennedy Of Cambridge Investment Research, Inc. And Formerly With Concourse Financial Group Securities, Inc. Has 8 Customer Complaints For Alleged Broker Misconduct
About Brian Kennedy of Cambridge Investment Research, Inc.?
Brian Kennedy (CRD #2321416) has had a contentious tenure in the securities industry, marked by a string of customer disputes and a notable termination event. Currently registered with Cambridge Investment Research, Inc. and its advisory counterpart in Camp Hill, PA since May 2022, Kennedy’s career spans over several firms and a substantial number of states. Despite passing 3 general industry/product exams and 2 multi-state securities law exams, his professional journey is overshadowed by eight customer disputes and a termination due to questionable business practices.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Brian Kennedy Customer Complaints and Reviews
- Customer Dispute (Settled, 03/28/2023): A claim was settled for allegations of unsuitable Oil & Gas investments with a settlement amount of $23,953.35, though Kennedy did not personally contribute to the settlement.
- Customer Dispute (Settled, 05/10/2023): Another dispute regarding unsuitable Oil & Gas investments was settled on the same terms, reflecting a pattern of high-risk investment recommendations.
- Termination (09/26/2018): Kennedy was discharged by Lincoln Financial Advisors after he was found using associates to service policies sold through an insurance carrier from which he had been terminated. This raises concerns about his adherence to ethical standards in client management and business operations.
Allegations Against Brian Kennedy
- Unsuitable Investment Recommendations: Kennedy faced multiple allegations for recommending high-risk Oil & Gas investments that were not aligned with client investment profiles.
- Misuse of Business Practices: His termination from Lincoln Financial Advisors points to inappropriate management of insurance policies, indicating potential misuse of his professional position to circumvent direct service restrictions.
- Repeated Settlements: The settlements, none contributed to by Kennedy, suggest either a strategic avoidance of lengthy legal battles or an acknowledgment of fault.
These disclosures and events paint a picture of a broker whose career is checkered with alleged poor investment advice and questionable professional conduct.
Brian Kennedy Red Flags & Your Rights As An Investor
Of course, Brian Kennedy did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Brian Kennedy at Cambridge Investment Research, Inc. and Concourse Financial Group Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Brian Kennedy has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cambridge Investment Research, Inc. and Concourse Financial Group Securities, Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Cambridge Investment Research, Inc. Due To Brian Kennedy
If you have questions about Cambridge Investment Research, Inc., Concourse Financial Group Securities, Inc. and/or Brian Kennedy and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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