Investors potentially incurred losses because of securities broker Kevin Todd Canterbury [CRD: 4939385, Scottsdale, Arizona], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Canterbury worked for Coastal Equities Inc. from September 26, 2012, to August 27, 2020. Keep reading to learn more about Canterbury’s disclosures.
Coastal Equities Investor Accused Canterbury Of Unsuitable Recommendations
Notably, a Coastal Equities Inc. client filed FINRA Arbitration No. 23-02002 about Kevin Canterbury. Mainly, the client alleged that Canterbury made unsuitable recommendations. For this reason, the client allegedly incurred damages linked to direct investments. As a result, on May 22, 2024, Coastal Equities Inc. settled this matter by paying the client $19,000 in damages.
Kevin Canterbury Disclosed Sales Practice Violation Allegations By Coastal Equities Client
Particularly, a client of Coastal Equities Inc. disputed Kevin Canterbury’s sales practices by filing FINRA Arbitration No. 18-03523. Allegedly, Canterbury made unsuitable recommendations. It appears that Canterbury allegedly caused the client to sustain damages on real estate securities and direct investments. Consequently, Coastal Equities Inc. opted to settle the matter on February 13, 2020, by compensating the client in the amount of $60,000.
Coastal Equities Inc. Investor Accused Canterbury Of Making Unsuitable Recommendations
Also, a Coastal Equities Inc. client filed FINRA Arbitration No. 19-02054 about Kevin Canterbury. Primarily, the client alleged that Canterbury made unsuitable recommendations. Because of this, the client allegedly sustained damages connected to direct investments. Therefore, on May 3, 2021, Coastal Equities Inc. settled this matter by paying the client $52,140.47 in damages.
Kevin Canterbury Disclosed Unsuitable Advice Allegations By A Coastal Equities Inc. Client
Specifically, a client of Coastal Equities Inc. contested Kevin Canterbury’s sales practices by filing FINRA Arbitration No. 20-01935. Allegedly, Canterbury made unsuitable recommendations of alternative investments. It appears that Canterbury allegedly caused the investor to sustain damages associated with direct investments and real estate securities. As a result, Coastal Equities Inc. opted to settle the matter on May 3, 2021, by compensating the client in the amount of $50,000.
Did You Invest With Financial Advisor / Securities Broker Canterbury?
Do you have concerns or questions regarding investments you made with Kevin Canterbury? You can contact Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Canterbury and brokerage firms Canterbury worked for deny accusations of sales practice violations.