Tag Archives: Capital Financial Services Inc.

Investors Bring Arbitration Claims Against Center Street Securities Related to Convicted Stockbroker

October 08, 2020  |   Posted by :   |   Alternative Investments, Misappropriation of Funds, Securities Arbitration Claims, Securities Fraud, Stockbroker Theft, Unsuitable Investment Recommendations   |   Comments Off on Investors Bring Arbitration Claims Against Center Street Securities Related to Convicted Stockbroker

Sean Joseph Kelly of Marietta Georgia a stockbroker formerly registered with Center Street Securities is the subject of a customer initiated investment related arbitration claim in which the customer requested $225,000.00 in damages based upon accusations of unsuitable alternative investments being sold to the customer during the period that Kelly was associated with Center Street […]

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Capital Financial Sued For Breach Of Fiduciary Duty

Steven Roland Knuttila of Perham Minnesota a stockbroker formerly employed by Capital Financial Services Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought more than $5,000.00 in estimated damages supported by accusations that (1) a contract had been violated (2) fiduciary obligations to the customer failed to be complied […]

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Capital Financial Accused Of Bad Alternative Investment Recommendations

Lloyd Mark Johnston of Spokane Washington a stockbroker formerly employed by Capital Financial Services is referenced in a customer initiated investment related complaint on October 22, 2018 in which the customer requested damages estimated to exceed $5,000.00 supported by allegations that the customer had been sold an unsuitable alternative investment while Johnston was associated with […]

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Investors Sue Capital Financial Alternative Investment Fraud

Robin Dewayne Walls of Shakopee Minnesota a stockbroker formerly registered with Capital Financial Services Inc. is the subject of a customer initiated investment related arbitration claim which settled for $95,000.00 in damages supported by accusations that Walls sold the customer unsuitable and illiquid alternative investments including oil and gas products and direct participation program or […]

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FINRA Bars Capital Financial Broker For Failure To Comply

Lloyd Mark Johnston of Spokane Washington a stockbroker formerly registered with Capital Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by accusations that he failed to provide FINRA with information that had been requested of him. Case No. 2018057318201 (Sept. 4, 2018). According […]

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FINRA Bars Capital Financial Broker For Obstruction

Steven Roland Knuttila of Pernam Minnesota a stockbroker formerly registered with Capital Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Knuttila failed to cooperate with a FINRA investigation into allegations of his unsuitable investment recommendations. Letter of Acceptance […]

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Sterne Agee Accused Of Charging Excessive Commissions

March 22, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Leland Roy Heathershaw of Aurora Colorado is a stockbroker formerly registered with Sterne Agee Financial Services Inc. who is the subject of a customer initiated investment related written complaint filed on March 13, 2015 in which the customer requested more than $5,000.00 in damages based upon allegations of poor investment performance and excessive commissions having […]

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Capital Financial Services Sued for Unsuitability

Steven Roland Knuttila, of Perham, Minnesota, a stockbroker currently registered with Capital Financial Services, Inc., has been named in a customer initiated investment related arbitration claim on February 20, 2017, in which the customer requested $139,722.14 in damages based upon allegations that Knuttila made unsuitable investment recommendations to the customer concerning investments in real estate, […]

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