Dennis Haywood Facing Crown Capital Securities Client Disputes Re: Misrepresentations

Investors reportedly complained about securities broker Dennis Michael Haywood II (also known as Denny Haywood) [CRD: 5850275, Land O’ Lakes, Florida], according to disclosures on FINRA BrokerCheck. Evidently, Haywood worked for Crown Capital Securities, L.P. from March 18, 2013, to January 5, 2022. Keep reading to find out more about Haywood’s disclosures and the disputes involving his conduct.

Crown Capital Securities Client Accused Denny Haywood Of Breach Of Contract

Evidently, on March 18, 2024, a Crown Capital Securities client filed FINRA Arbitration No. 24-00606 about Dennis Haywood. Primarily, the client alleged that Haywood breached a contract, failed to supervise, made misrepresentations, breached his fiduciary duty, and made unsuitable recommendations in connection with oil and gas investments and direct investments. Therefore, the client requested $100,000.00 in compensation from Crown Capital Securities or Haywood. It appears that this arbitration is pending a resolution.

Dennis Haywood Disclosed Negligence Allegations By Crown Capital Securities Client

Specifically, a client of Crown Capital Securities disputed Dennis Haywood’s conduct by bringing FINRA Arbitration No. 22-00272. Allegedly, Haywood failed to conduct proper due diligence in alternative investments, gave unsuitable advice, was negligent, and made omissions and misrepresentations. It appears that Haywood caused the client to sustain damages linked to direct investments, non-traded real estate investment trusts, and non-traded business development companies. For this reason, Crown Capital Securities opted to settle the dispute on August 21, 2023, by paying compensation totaling $70,000.00.

Crown Capital Securities Investor Accused Denny Haywood Of Unsuitable Advice

Also, a client filed a complaint about Dennis Haywood. Allegedly, Haywood made unsuitable recommendations relating to direct investments. As a result, on July 9, 2021, Crown Capital Securities settled this matter by paying the client $6,000.00 in damages.

Dennis Haywood Disclosed Misrepresentation Allegations By Crown Capital Securities Client

Particularly, a client of Crown Capital Securities contested Dennis Haywood’s sales practices by filing FINRA Arbitration No. 21-00817. Allegedly, Haywood engaged in unsuitable trading, failed to conduct due diligence in alternative investments, and made material misrepresentations relating to direct investments and non-traded real estate investment trusts. Consequently, Crown Capital Securities agreed to settle the matter on May 18, 2022, by paying compensation amounting to $75,000.00.

Crown Capital Securities Investor Accused Denny Haywood Of Poor Performance On Non-Traded REITs

Additionally, a Crown Capital Securities client filed FINRA Arbitration No. not applicable about Dennis Haywood. Evidently, the client claimed that Haywood recommended investments that performed poorly. This supposedly resulted in damages tied to direct investments, including non-traded business development companies and non-traded real estate investment trusts. For this reason, on March 19, 2021, Crown Capital Securities settled this matter by paying the client $160,000.00 in damages.

Were You Impacted By Financial Advisor / Securities Broker Dennis Haywood?

Do you have concerns or questions regarding investments you made with Dennis Haywood? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney concerning your legal rights and options. For years, Soreide Law Group has recovered losses for investors located throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Haywood and brokerage firms Haywood worked for deny accusations made against them.