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.
KEVIN CHRISTOPHER MCCARTHY (KEVIN C MCCARTHY) was permanently barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm with a start date of 5/7/2026. McCarthy was registered as a broker with MADISON AVENUE SECURITIES LLC of Hialeah, Florida, from 12/04/2007 - 01/30/2026. McCarthy was previously registered both as a broker […]
Investors might have sustained losses due to securities broker William H. Grant [CRD: 4219455, Duluth, Georgia], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. William Grant has been registered with Merrill Lynch since October 23, 2009, as both a securities broker and financial advisor. Investors are encouraged to continue reading to find […]
Investors apparently complained about securities broker James Francis Martin [CRD: 1218618, West Conshohocken, Pennsylvania], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Martin worked for Morgan Stanley from April 4, 2016, to December 2, 2022. See the following information to discover more about disclosures involving Martin and allegations reported on FINRA BrokerCheck. Martin […]
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