Andrew William Miles of Winter Park, Florida, a stockbroker registered with Green Vista Capital LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $1,000,000.00 in damages based upon allegations that Miles was negligent, made unsuitable recommendations, and breached his fiduciary duties in connection with the sale of conservation easement investments during the period that Miles was associated with Green Vista Capital LLC. FINRA Arbitration No. 24-00587 (March 19, 2024). Conservation Easements Are Targets For Abuse.
According to FINRA Public Disclosure, Miles is referenced in nine other customer initiated investment related disputes concerning his conduct while associated with securities broker dealers. On March 4, 2021, a customer filed an investment related FINRA securities arbitration claim involving Miles’s conduct in which the customer sought compensatory and punitive damages as well as disgorgement of fees based upon allegations that Miles breached his fiduciary duties and was negligent in connection with the sale of private placements when Miles was associated with The Strategic Financial Alliance Inc. and Green Vista Capital LLC. FINRA Arbitration No. 21-00585.
On October 6, 2022, a customer initiated investment related FINRA securities arbitration claim involving Miles’s conduct was settled for $90,000.00 in damages based upon allegations that Miles failed to perform due diligence on conservation easement investments between December of 2015 and November of 2017 during the period that Miles was associated with The Strategic Financial Alliance Inc. According to the claim, the investments were both unsuitable and misrepresented. The claim also alleged that the customers did not understand the investments. FINRA Arbitration No. 21-01141.
Miles was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $150,000.00 in damages based upon allegations that Miles failed to perform due diligence on conservation easement investments in 2019. It was also alleged that Miles made misrepresentations of material fact and made unsuitable recommendations when he was associated with Green Vista Capital LLC. FINRA Arbitration No. 21-01151 (February 21, 2022).
On August 24, 2022, a different customer filed an investment related FINRA securities arbitration claim involving Miles’s conduct in which the customer requested $700,000.00 in damages based upon allegations that Miles breached his fiduciary duties, made unsuitable recommendations in private placements, was negligent, and was negligently supervised. FINRA Arbitration No. 22-01445.
Miles is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $700,000.00 in damages based upon alleged negligence, violation of Florida securities laws, unsuitable recommendations, breach of fiduciary duties, misrepresentations and omissions of material facts, aiding and abetting of fraud, negligent supervision, and breach of contract in connection with the sale of conservation easement investments. FINRA Arbitration No. 23-00936 (May 2, 2023).
Miles is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $650,000.00 in damages based upon allegations that Miles made unsuitable recommendations, breached his fiduciary duties, made misrepresentations and omissions of material fact, aided and abetted fraud, and breached a contract when Miles was associated with Green Vista Capital LLC. The claim also alleged that Green Vista Capital was negligent in the hiring, retention, and supervision of the stockbroker’s activities in the customer’s account. FINRA Arbitration No. 24-00055 (January 8, 2024).
Miles was associated with Green Vista Capital LLC in Winter Park, Florida from July 18, 2018, to March 10, 2021. Miles was associated with The Strategic Financial Alliance Inc. in Vero Beach, Florida from December 21, 2011, to July 11, 2018.
