Mark Ketner, of Woodbury, New York, a stockbroker with Maxim Group LLC, was named in a customer intiiated investment related claim where the customer has requested $475,000.00 in damages based upon the allegation that Ketner made excessive and unsuitable trades of investments in the customer’s account.
FINRA’s BrokerCheck also reveals that Ketner has been subject to several customer disputes regarding unsuitability. Particularly, on August 1, 2006, Ketner settled a customer dispute for $40,000.00 after a customer alleged that investments sold to the customer were unsuitable. On March 24, 2010, Ketner settled a customer dispute for $25,000.00 after the customer alleged that Ketner churned the customer’s investment account.
On August 20, 2010, Ketner settled a customer dispute for $42,500.00 after the customer alleged that Ketner effected trades that were not suitable for the customer and engaged in excessive trading. On May 17, 2011, Ketner settled a customer dispute for $30,000.00 after the customer alleged that Ketner made a recommendation for an investment that was unsuitable.
On December 15, 2011, Ketner settled a customer dispute for $55,000.00 after he was alleged to have made unsuitable investment recommendations. Ketner settled a customer dispute for $150,000.00 on July 7, 2013, amid allegations against Ketner of engaging in investment practices which were unsuitable.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
