DID PETER NEIL BLOK CAUSE YOU INVESTMENT LOSSES?
About Peter Blok Of Independent Financial Group, LLC?
Peter Blok (CRD #3023989) has a seasoned background in the financial services industry, currently employed with Independent Financial Group, LLC in Exton, Penmnsylvania, since October 2014. Blok has demonstrated a wide-reaching professional scope, being licensed in 18 U.S. states and territories. His regulatory compliance is bolstered by his passing of three general industry/product exams and two multi- state securities law exams. Over his career, he has been associated with several firms, including H. Beck, Inc. and Ambrose Wealth Management, indicating a diverse professional trajectory. Blok’s registrations cover various product categories, including general securities and investment company products/variable contracts, underlining his comprehensive qualifications in the field.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Peter Blok Customer Complaints and Reviews
Peter Neil Blok has been involved in one customer dispute that reached a settlement:
- Customer Dispute (Settled): Initiated on September 10, 2020, and settled on April 21, 2022, this dispute involved allegations against Blok for misrepresenting the risks associated with REITs and BDCs, asserting that these investments were unsuitable for the client. The client initially claimed damages of $225,000. The settlement concluded with a total of $50,000, contributed by both Grove Point (formerly H. Beck) and Independent Financial Group, with Blok contributing no personal funds. The settlement was reached to avoid prolonged litigation and was not an admission of guilt or liability.
Allegations Against Peter Blok
The settled customer dispute involved the following allegations against Peter Neil Blok:
- Misrepresentation and unsuitability: The client alleged that Blok misrepresented the risks associated with Real Estate Investment Trusts (REITs) and Business Development Companies (BDCs), which were claimed to be unsuitable given the client’s financial situation and objectives. The dispute highlighted concerns about the appropriateness of the investment advice provided. Despite the settlement, the firms involved, including Blok’s affiliations, maintained that the investments aligned with the client’s stated objectives and risk tolerance, suggesting the claim lacked merit.
Peter Blok Red Flags & Your Rights As An Investor
Of course, Peter Blok 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 Peter Blok at Independent Financial Group, LLC on alert to review carefully the activity and performance of their accounts and question whether Peter Blokhas engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Independent Financial Group, LLC also raises questions about the brokerage firm’ssupervisory 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 Independent Financial Group, LLC Due To Peter Blok
If you have questions about Independent Financial Group, LLC and/or Peter Blok 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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