DID MARK ALLEN CARTER CAUSE YOU INVESTMENT LOSSES?
About Mark Carter formerly with Pruco Securities, LLC?
Mark Carter (CRD #6387371) , professional history is marked by a stint from September 2014 to March 2024 at Pruco Securities, LLC, in Charlotte, NC, where his tenure ended amidst serious allegations. He has passed two general industry/product exams and one multi-state securities law exam. His track record, combined with the fact that he is no longer registered as a broker, paints a picture of a broker whose professional decisions have led to customer disputes and eventual separation from his brokerage firm.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Mark Carter Customer Complaints and Reviews
- Customer Dispute (Pending as of April 2024)
- Allegations: Carter was accused of unauthorized trading in several retirement accounts, a serious breach of trust and regulatory compliance.
- Alleged Damages: $500,000
- Details: The complaint remains unresolved, indicating ongoing concerns about Carter’s trading practices and their impact on clients’ financial well-being.
Allegations Against Mark Carter
- Unauthorized Trading: Engaging in unauthorized trading activities, which suggests a disregard for client authorization and a breach of fiduciary duty.
- Excessive Unauthorized Discretionary Trading: This type of trading resulted in excessive losses for clients, highlighting a gross mismanagement of client funds and a lack of appropriate risk assessment.
- Misrepresentation of Trade Orders: Carter admitted to incorrectly submitting trade orders as “unsolicited,” misleading both his clients and firm about the nature of these transactions.
- These issues combined sketch a portrait of a broker whose actions have not only jeopardized client investments but also his own career in the financial services industry.
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Mark Carter Red Flags & Your Rights As An Investor
Of course, Mark Carter 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 Mark Carter at Pruco Securities, LL Con alert to review carefully the activity and performance of their accounts and question whether Mark Carter has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, LLC 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 Pruco Securities, LLC Due To Mark Carter
If you have questions about Pruco Securities, LLC and/or Mark Carter 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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