DID BRIAN WAYNE NAPIER CAUSE YOU INVESTMENT LOSSES?
Brian Napier Of Ausdal Financial Partners, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
About Brian Napier Ausdal Financial Partners, Inc.?
Brian Napier (CRD #4555202) is currently registered with Ausdal Financial Partners, Inc. in Greenwood, IN, where he has been since September 18, 2013. Over his career, he has been registered with several other firms including IMBB Investment Advisors, Indiana Merchant Banking and Brokerage Co., Inc., and PNC Investments. Napier is registered with one Self-Regulatory Organization and is licensed in five U.S. states and territories. He has passed one principal/supervisory exam (Series 26), two general industry/product exams (Series 7 and the Securities Industry Essentials), and two multi-state securities law exams (Series 65 and 66).
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Brian Napier Customer Complaints and Reviews
Brian W. Napier has had two customer disputes reported:
- Settled Dispute: A customer dispute filed on August 30, 2022, alleged breach of fiduciary duty and failure to supervise concerning the purchase of GWG L Bonds between January 2018 and July 2020. This dispute was settled on December 20, 2023, with a monetary compensation amount of $130,000, of which Napier personally contributed $55,000.
- Pending Dispute: Reported on March 25, 2024, this dispute involves allegations of negligence, negligent supervision, violations of the Indiana Securities Act, breach of fiduciary duty, and violation of FINRA Conduct Rules and NYSE Board Rules related to GWG L Bonds. The claimed damages amount to $175,000. This dispute is currently pending.
Allegations Against Brian Napier
- Settled Dispute Allegations:
- Breach of fiduciary duty and failure to supervise regarding the investment in GWG L Bonds, settled for $130,000 with Napier contributing $55,000 personally.
- Pending Dispute Allegations:
- Negligence and negligent supervision, along with violations of various securities regulations and rules, concerning the handling of GWG L Bonds investments, with claimed damages of $175,000. This case is still under arbitration.
Brian Napier Red Flags & Your Rights As An Investor
Of course, Brian Napier 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 Napier at Ausdal Financial Partners, Inc. on alert to review carefully the activity and performance of their accounts and question whether Brian Napier has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ausdal Financial Partners, Inc. also raises questions about the brokerage firm’s 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 Ausdal Financial Partners, Inc. Due To Brian Napier
If you have questions about Ausdal Financial Partners, Inc. and/or Brian Napier 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.
Rate this Post
Loading...