Investors apparently complained about securities broker George Edward Hovany [CRD: 1188851, Vernon Hills, Illinois], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Hovany worked for Wintrust Investments LLC from November 21, 2008, to July 6, 2020. Read below to find out more about the disclosures related to Hovany.
Notably, on June 20, 2024, a Wintrust Investments client filed a complaint about George Hovany. Primarily, the client alleged that Hovany misrepresented material facts about structured CDs. As a result, the client requested $366,000 in compensation from Wintrust Investments or Hovany. However, the firm denied this complaint.
Also, a client of Wintrust Investments contested George Hovany’s sales practices, according to a complaint. Allegedly, Hovany misrepresented facts about non-traded real estate investment trusts (non-traded REITs). Therefore, Wintrust Investments opted to settle the matter on March 8, 2022, by compensating the client in the amount of $7,626.46.
Additionally, a Wintrust Investments LLC client filed FINRA Arbitration No. 21-00136 about George Hovany. Mainly, the client alleged that Hovany overconcentrated accounts in a corporate bond. The client further alleged that Hovany made unsuitable recommendations. Consequently, on April 12, 2022, Wintrust Investments LLC settled this matter by paying the client $32,500.00 in damages.
Also, a client of Wayne Hummer Investments disputed George Hovany’s sales practices, according to a complaint dated April 30, 2018. Allegedly, Hovany made unsuitable recommendations and acted negligently regarding a non-traded real estate investment trust (non-traded REITs). As a result, the client sought compensation from Wayne Hummer Investments or Hovany in the amount of $200,000.00 in this matter. However, the firm denied this complaint.
Do you have concerns or questions regarding investments you made with George Hovany? If so, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a possible recovery of your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Hovany and brokerage firms Hovany worked for deny allegations of sales practice violations.
Investors might have sustained financial harm through WestPark Capital Inc. [CRD: 39914, Los Angeles, California], according to publicly available information found on Financial Industry Regulatory Authority BrokerCheck. WestPark Capital has been registered with FINRA since 1996 and maintains its headquarters in Los Angeles, California. Keep reading to discover more about the regulatory action involving the […]
Investors might have sustained losses due to securities broker James Fredrick Tighe [CRD: 3129233, Phoenix, Arizona], and Financial Industry Regulatory Authority barred him, based on public information on BrokerCheck. Tighe was associated with Morgan Stanley from June 1, 2009, through January 14, 2025. Continue reading to find out more about Tighe’s regulatory and client dispute […]
Investors potentially experienced sales practice violations by securities broker Sung Moo Cho (also known as Sam Cho) [CRD: 5015906, New York, New York], and FINRA barred him, given the public information found on FINRA BrokerCheck. Cho was associated with Ameriprise Financial Services from January 22, 2021, to October 21, 2025, and Citigroup Global Markets from […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com