Investors File Disputes About Kenneth New

Soreide Law Group is investigating possible investor claims against securities broker Kenneth New (CRD:  2836918, Merritt Island, FL). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Center Street Securities Inc. Evidently, one or more investors alleged that New made unsuitable recommendations. Here is a brief summary of the disclosures about New.

Center Street Securities Inc. Investor Accuses Kenneth New Of Unsuitable Recommendations

Evidently, on July 20, 2022, a Center Street Securities Inc. client filed FINRA Arbitration: 22-01620 about Kenneth New. Namely, the client alleged that New made unsuitable recommendations. Because of this, the client allegedly sustained damages by investing in alternative investments. Therefore, the client requested $393,000 in compensation from Center Street Securities Inc. or New.

New Discloses Unsuitable Recommendations Allegations By Center Street Securities Inc. Client

Also, on June 3, 2022, a Center Street Securities Inc. client filed FINRA Arbitration: 22-01258 about Kenneth New. Namely, the client alleged that New made unsuitable recommendations. Because of this, the client allegedly sustained damages by investing in GWG L-bonds. Therefore, the client requested $50,000 in compensation from Center Street Securities Inc. or New. Evidently, this arbitration is pending a resolution.

Kenneth New Employment Information

• New worked for Center Street Securities Inc. in Merritt Island, FL, as a securities broker from January of 2009 to May of 2015, and resumed his registration on February 7, 2017.
• New has worked for Center Street Advisors Inc. in Merritt Island, FL, as a financial advisor since November 28, 2017.

Did Center Street Securities Inc. Securities Broker New Cause You To Experience Damages?

Did you experience damages by investing with Kenneth New? You can contact Soreide Law Group at (888) 760-6552 and talk with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group, who has effectively recovered money for many investors throughout the United States, is ready to review your situation and explain your legal options. Also, the firm represents clients on a contingency fee basis and advances all costs. New and brokerage firms New worked for deny any and all allegations of sales practice violations.