Tim Paul Peyton, of Gretna, Louisiana, a stockbroker registered with Crown Capital Securities L.P., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $750,000.00 in damages based upon allegations that Peyton made unsuitable recommendations in non-traded REITs while he was associated with Crown Capital Securities L.P. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-03063 (December 17, 2021). The claim alleged that the stockbroker failed to conduct proper due diligence in connection with the sale of alternative investments.
FINRA Public Disclosure shows that Peyton was referenced in five other customer initiated investment related disputes concerning his conduct while associated with securities broker dealers. On May 9, 2000, a customer initiated investment related complaint involving Peyton’s conduct was settled for $6,000.00 in damages based upon allegations that Peyton made unsuitable recommendations in stocks while he was associated with Salomon Smith Barney.
On October 31, 2000, a different customer initiated investment related complaint involving Peyton’s conduct was settled for $16,435.66 in damages based alleged unauthorized and unsuitable trading in stocks and over-the-counter equities in the customer’s Salomon Smith Barney account.
On December 12, 2001, another customer filed an investment related complaint involving Peyton in which the customer alleged unauthorized trading, unsuitable trading, unauthorized use of margin, and misrepresentation in connection with the sale of over-the-counter equities and stocks. This complaint was denied.
Peyton was also referenced in a customer initiated investment related complaint filed on July 9, 2002, in which the customer requested $48,000.00 in damages based on alleged unsuitable and unauthorized trading in mutual funds and over-the-counter equities, and failure to follow customer instructions. This complaint was denied.
Peyton has been associated with Crown Capital Securities L.P. in Gretna, Louisiana since July 3, 2012.
