Mark Cline Involved In National Securities Corporation Investor’s Unsuitable Advice Dispute

Investors potentially experienced sales practice violations by securities broker Mark Alan Cline [CRD: 3206962, Wildwood, Florida], according to publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Cline worked for National Securities Corporation from January 8, 2014, to January 21, 2022, and for B. Riley Wealth Management from October 22, 2021, to January 4, 2022. Keep reading to learn more about disclosures involving Cline and the client disputes reported through FINRA.

National Securities Corporation Investor Accused Cline Of Unsuitable Recommendations

Specifically, a National Securities Corporation client filed FINRA Arbitration No. 22-02670 about Mark Cline. Primarily, the client alleged that Cline made unsuitable recommendations. Because of this, the client allegedly experienced damages connected to alternative investments including GWG L Bonds. Consequently, on December 29, 2023, National Securities Corporation settled this matter by paying the client $16,750 in damages.

Mark Cline Disclosed Sales Practice Violation Allegations By National Securities Corporation Client

Also, a client of National Securities Corporation disputed Mark Cline’s sales practices by filing FINRA Arbitration No. 23-02669. Allegedly, Cline made unsuitable recommendations. It appears that Cline caused the client to incur damages associated with private placements including GWG L Bonds. Therefore, National Securities Corporation opted to settle the matter on December 17, 2024, by compensating the client in the amount of $15,000.

National Securities Corporation Investor Accused Cline Of Unsuitable Advice

Evidently, a National Securities Corporation client filed FINRA Arbitration No. 22-01556 about Mark Cline. Mainly, the client alleged that Cline made unsuitable recommendations. For this reason, the client allegedly incurred damages linked to real estate securities. As a result, on February 24, 2023, National Securities Corporation settled this matter by paying the client $20,000 in damages.

Mark Cline Disclosed Omissions Allegations By National Securities Corporation Client

Notably, a client of National Securities Corporation contested Cline’s sales practices by filing FINRA Arbitration No. 22-01585. Allegedly, Cline made unsuitable recommendations and made omissions. It appears that Cline caused the client to experience damages relating to private placements. Consequently, National Securities Corporation opted to settle the matter on May 9, 2023, by compensating the client in the amount of $22,250.

Have You Made Investments Through Financial Advisor / Securities Broker Cline?

Are you concerned about investments you made through Mark Cline? Contact Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm represents investors on a contingency fee basis and advances all costs. Cline and brokerage firms Cline worked for deny accusations of sales practice violations.