Investors File Disputes About Alexander Hackley

Soreide Law Group is investigating possible investor claims against securities broker Alexander Strachan Hackley Jr. AKA Lex Hackley [CRD #: 4899317, Centennial, CO]. Hackley worked for (1) Lifemark Securities Corp from 2017-present; (2) Blue Duck Wealth Management from 2017-2018; and (3) Verus Capital Partners LLC from 2015-2017; and (4) Woodbury Financial Services from 2005 to 2012.

Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that Lifemark Securities Corp and Woodbury Financial Services investors disputed the sales practices of the securities broker. Evidently, investors allege sales practice violations in these disputes. Here is a brief summary of the disclosures about Hackley:

Alexander Hackley Allegedly Breaches Fiduciary Duty To Lifemark Securities Corp Client

Evidently, on June 30, 2022, a Lifemark Securities Corp client filed FINRA Arbitration #: 22-01466 about Alexander Hackley. Specifically, the client alleged that Hackley breached a fiduciary duty, failed to supervise, and violated securities laws. For this reason, the client purportedly experienced damages relating to investments in corporate bonds. Therefore, the client requested $300,000 in compensation from Lifemark Securities Corp or Hackley. Evidently, this arbitration is pending a resolution.

Hackley Allegedly Makes Unsuitable Transactions In Account Of Woodbury Financial Services Client

Also, on May 2, 2011, a Woodbury Financial Services client filed an investment-related complaint about Alexander Hackley. Specifically, the client alleged that Hackley made unsuitable transactions. Because of this, the client claims that they sustained damages pertaining to investments in variable annuities. Therefore, the client requested compensation from Woodbury Financial Services or Hackley. However, the securities broker-dealer denied this complaint.

Woodbury Financial Services Client Accuses Alexander Hackley Of Unsuitable Variable Universal Life Insurance Transaction

Evidently, a client of Woodbury Financial Services contested Alexander Hackley's sales practices, according to a complaint dated December 2, 2009. Supposedly, Hackley made unsuitable transactions. Allegedly, the variable universal life insurance transactions involving this securities broker resulted in damages for the client. Therefore, the client sought compensatory relief from Woodbury Financial Services or Hackley in this matter. However, the securities broker-dealer denied this complaint.

Did Lifemark Securities Corp Securities Broker Hackley Cause You To Experience Damages?

Did you sustain damages through any sales practice violations by Alexander Hackley? If so, reach out to Soreide Law Group at (888) 760-6552 to talk with a securities lawyer about a potential recovery of your investment damages. Notably, Soreide Law Group has successfully recovered money for hundreds of investors in all 50 states. The firm represents clients through a contingency fee arrangement and advances all costs. Hackley and brokerage firms Hackley associated with deny all allegations against them.