Investors potentially experienced sales practice violations by securities broker Derek Wilhelm Malone [CRD: 5495233, New York, New York], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Derek Malone has been registered with Osaic Institutions Inc. (also known as Infinex Investments) since July 1, 2016, where he worked as a broker and investment adviser. Investors should continue reviewing this article to learn more about the disclosures reported on Malone’s FINRA BrokerCheck record.
Particularly, a client filed a complaint about Derek Malone. Primarily, the client alleged that Malone made misrepresentations. Because of this, the client allegedly experienced damages related to CDs. Consequently, on July 20, 2023, Infinex Investments Inc. settled this matter by paying the client $2,000 in damages.
Notably, an Infinex Investments Inc. client filed a client complaint about Derek Malone. Mainly, the client alleged that Malone made misrepresentations. For this reason, the client allegedly incurred damages relating to CDs. Therefore, on July 20, 2023, Infinex Investments Inc. settled this matter by paying the client $2,000 in damages.
Also, an Essex National Securities LLC client filed FINRA Arbitration No. 20-03409 about Derek Malone. Primarily, the client alleged that Malone made unsuitable recommendations. Because of this, the client allegedly sustained damages associated with real estate securities. As a result, on December 7, 2021, Essex National Securities LLC settled this matter by paying the client $55,000 in damages.
Are you concerned regarding investments you made through Derek Malone? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm takes cases on a contingency fee basis and advances all costs. Malone and brokerage firms Malone worked for deny accusations of sales practice violations.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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