One or more investors apparently complained about securities broker Kenneth David Wright (also known as Ken Wright) [CRD: 1889354, Kingsport, Tennessee], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kenneth Wright worked for Osaic Institutions Inc. at its Kingsport and Johnson City, Tennessee locations starting March 1, 2016, in a brokerage capacity, and beginning May 17, 2016, in an investment advisory role. Keep reading to understand more about Kenneth Wright’s disclosures concerning client disputes and sales practice allegations.
Evidently, an LPL Financial LLC client filed FINRA Arbitration No. 24-01449 about Kenneth Wright. Mainly, the client alleged that Wright made unsuitable recommendations in connection with an investment. Supposedly, real estate securities such as REITs did not align with the client's risk tolerance and goals. Therefore, on May 6, 2025, LPL Financial settled this matter by paying the client $25,000.00 in damages.
Additionally, a client of PFIC Corporation contested Kenneth Wright’s sales practices, according to a complaint dated September 20, 2010. Allegedly, Wright made misrepresentations and gave poor advice about mutual funds. Supposedly, Wright caused the client to sustain damages. Consequently, the client sought compensation from PFIC Corporation or Wright in the amount of $29,000.00 in this matter. However, the firm denied this complaint.
Do you have concerns or questions regarding investments you made with Kenneth Wright? If so, you should contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Wright and brokerage firms Wright worked for deny accusations 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 […]
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