Investors may have experienced damages due to the actions of securities broker Andrew William Miles [CRD: 5986774, Winter Park, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Miles was previously registered as a financial advisor and securities broker, with his most recent registration at Green Vista Capital LLC from July 18, 2018, to March 10, 2021. Keep reading to discover more about the allegations against Miles.
Green Vista Capital LLC Investor Accused Miles Of Negligence
Evidently, on January 8, 2024, a client of Green Vista Capital LLC filed FINRA Arbitration No. 24-00055 about Andrew Miles. Particularly, the client alleged that Miles engaged in unsuitable recommendations, breached a fiduciary duty, and was negligent. Additionally, allegations included misrepresentations or omissions, negligent hiring, and breach of contract. Consequently, the client claimed to have sustained damages involving conservation easement investments and notes. Therefore, the client sought $650,000 in compensation from Green Vista Capital LLC or Miles. This arbitration is currently pending resolution.
Investor Accused Andrew Miles Of Breach Of Fiduciary Duty
Notably, a client of Green Vista Capital LLC contested Andrew Miles's sales practices by filing FINRA Arbitration No. 23-00936 on May 2, 2023. Specifically, the client alleged that Miles breached his fiduciary duty, made unsuitable recommendations, and showed negligence. The claim also mentioned violations of Florida Securities and Investor Protection Act. The client reported damages on conservation easement investments, seeking $700,000 in compensation in this ongoing matter.
Green Vista Capital LLC Investor Accused Miles Of Unsuitable Recommendations
Particularly, on August 24, 2022, a Green Vista Capital LLC client filed FINRA Arbitration No. 22-01445 about Andrew Miles. The client alleged that Miles made unsuitable recommendations, was negligent, and breached fiduciary duties. As a result, the client reported sustaining damages on private placements and requested $700,000 in compensation from Green Vista Capital LLC or Miles. This arbitration is presently pending a resolution.
Investor Accused Andrew Miles Of Unreasonable Due Diligence
Specifically, a Green Vista Capital LLC client filed FINRA Arbitration No. 21-01151 about Andrew Miles. The client alleged that Miles failed to conduct reasonable due diligence on conservation easement investments made on January 3, 2019, and November 15, 2019. Additionally, the investments were allegedly misrepresented and unsuitable. Therefore, on February 21, 2022, Green Vista Capital LLC settled this matter by paying the client $150,000 in damages.
Miles Disclosed Misrepresentation Allegations By The Strategic Financial Alliance Inc. Client
Particularly, a client of The Strategic Financial Alliance Inc. contested Andrew Miles’s sales practices by filing FINRA Arbitration No. 21-01141. Allegedly, Miles did not perform due diligence on conservation easement investments made between 2015 and 2017. These investments were supposedly misrepresented to the client. Consequently, The Strategic Financial Alliance Inc. opted to settle the matter on October 6, 2022, by compensating the client in the amount of $90,000.
Did You Sustain Losses Due To Andrew Miles?
Did you experience damages because of securities broker / financial advisor Andrew Miles? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Miles and the brokerage firms he worked for deny accusations of sales practice violations.