UPDATED ON:
DID DENNIS M. HAYWOOD II CAUSE YOU INVESTMENT LOSSES?
Dennis Haywood Has 6 Customer Complaints For Alleged Broker Misconduct In the Past Year
Who is Dennis Haywood of Crown Capital?
Dennis M. Haywood (CRD# 5850275), who is currently registered with Crown Capital, Purepath Wealth Management, Barndoor Advisory Services and Barndoor Financial located in Land O’Lakes, Florida is a subject of one of our many securities industry sales practice abuse investigations.
Crown Capital Broker Misconduct
In the last year Mr. Haywood has been the subject of six customer complaints that we know about. They are all still pending.
Allegations Against Dennis Haywood
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints are as follows:
- Customer alleges lack of suitability and adequate due diligence in regard to transactions in non-traded REITs and non-traded BDCs.
- The customer alleges violation of his fiduciary and suitability obligations as it relates to the purchase of non-traded REITs and non-traded BDCs. Customer further alleges they were misled about the time horizon and projected performance return of the investments.
- The claimant alleges lack of suitability, breach of contract and lack of proper due diligence for 2 alternative investments purchased April 2018.
- The customer alleges violation of fiduciary and suitability obligations as a relates to the purchase of non-traded REITs, non-traded BDCs and a variable annuity contract. Customer further alleges that the representative made material misrepresentations about the risks, profitability, and liquidity of the investments.
Dennis Haywood Red Flags & Your Rights As An Investor
Of course, Mr. Haywood 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 six (6) customers in less than one year should be red flags which should put all current and former customers of Mr. Haywood at Crown Capital on alert to review carefully the activity and performance of their accounts and question whether Mr. Haywood has engaged in any stockbroker misconduct that caused their investment losses. The large number of customer complaints also raises questions about Crown Capital’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Crown Capital
If you have questions about Crown Capital and/or Mr. Haywood 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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