NVESTOR ALERT: Accelerated Capital Group Customer Dispute Involving Aaron Brodt
Soreide Law Group is reviewing possible claims of unsuitability against Aaron Paul Brodt (CRD#: 5017914, Scottsdale, Arizona), an Accelerated Capital Group securities representative. Apparently, Brodt’s Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report shows that four customers complained about him. For example, take a look at some of the following disputes concerning Brodt:
May 18, 2017 Arbitration Concerning Aaron Brodt’s Negligence
Multiple Accelerated Capital Group customers came together in filing FINRA Arbitration #17-01178 which concerned Brodt. Principally, customers brought his actions up in claims against the firm. First, the customer claimed that Brodt or Accelerated Capital Group failed to act responsibly with the customer’s account. Specifically, the customer claimed that Brodt put too much of the customer’s assets in alternative investments. Those investments, according to the customer, were misrepresented. In addition, the customer claimed that Brodt violated fiduciary responsibilities and failed to honor contract arrangements. All things considered, Accelerated Capital Group Inc. opted to settle the customer’s claim for $95,000 on September 14, 2018.
Ashton Thomas Private Wealth Settles Complaints About Aaron Brodt’s Bad Investment Recommendations
A customer of Ashton Thomas Private Wealth brought a FINRA Arbitration #16-02532. Notably, in this claim, the customer claimed that Brodt recommended an unsuitable investment. Allegedly, the customer purchased an asset-backed debt investment because of Brodt’s recommendations and incurred losses. For this reason, the firm decided to settle the customer’s claim on December 13, 2016 by agreeing to hand over $58,333. A second Ashton Thomas Private Wealth customer who sued in FINRA Arbitration #16-02532 settled the matter in return for $116,667.00 in compensation.
March 5, 2016 Complaint Involving Aaron Brodt, Allegations Of Poor Investment Performance
A customer of Accelerated Capital Group, Inc. filed a dispute concerning Brodt’s sales practices. Mainly, the customer claimed that the investment portfolio failed to perform well. Allegedly, the customer invested in asset-backed debt products because of Brodt. Accordingly, the customer brought a claim to recover damages. However, this matter closed without resolution on March 11, 2016.
Other than Accelerated Capital Group, Brodt has worked at Meridian United Capital, LLC and Peachcap Securities Inc., both in Scottsdale, Arizona. Have you experienced losses by investing with Accelerated Capital Group broker Aaron Brodt? If so, contact Soreide Law Group at (888) 760-6552 and speak with experienced counsel about a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has recovered millions of dollars for investors who have suffered losses due to misconduct of brokers and brokerage firms.