Investors File Disputes About Michael Kane

Investors have come forward with complaints about securities broker Michael Kane III [CRD: 5099883, Houston, Texas]. Notably, the securities broker, who worked for BBVA Securities Inc. and Hilltop Securities Inc., disclosed client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. For more on these disclosures about Kane, see below.

Michael Kane Disclosed Unsuitable Recommendations Allegations By Hilltop Securities Inc. Client

Evidently, a client of Hilltop Securities Inc. contested Michael Kane’s sales practices by filing FINRA Arbitration: 22-01562 on July 15, 2022. Allegedly, Kane made unsuitable recommendations and made misrepresentations and omissions of material fact. It appears that the structured notes transactions resulted in damages. Therefore, the client seeks compensatory relief from Hilltop Securities Inc. or Kane in the amount of $135,000 in this ongoing matter.

BBVA Securities Inc. Investor Accused Kane Of Misrepresentation

Also, a BBVA Securities Inc. client filed a complaint about Michael Kane. Namely, the client alleged that Kane made misrepresentations of material fact. Because of this, the client allegedly sustained damages on CDs. Therefore, on March 17, 2017, BBVA Securities Inc. settled this matter by paying the client $11,259 in damages.

Michael Kane Disclosed Unsuitable Recommendations Allegations By BBVA Securities Inc. Client

Additionally, a client of BBVA Securities Inc. contested Michael Kane’s sales practices, according to a complaint dated November 27, 2017. Allegedly, Kane made unsuitable recommendations. Supposedly, the structured notes transactions resulted in damages. Therefore, the client requested compensatory relief from BBVA Securities Inc. or Kane in the amount of $5,000 in this ongoing matter. However, BBVA Securities Inc. denied this complaint.

BBVA Securities Inc. Investor Makes Accusations Against Kane

Particularly, on October 7, 2018, a BBVA Securities Inc. client filed a complaint about Michael Kane. Namely, the client alleged that Kane acted unethically and made misrepresentations of material fact. Because of this, the client allegedly sustained damages on CDs. Therefore, the client requested $235,000 in compensation from BBVA Securities Inc. or Kane. However, BBVA Securities Inc. denied this complaint.

Kane Employment Information

• Kane worked for BBVA Securities Inc. in Allen, TX, as a securities broker from November of 2015 to August of 2020.
• Kane worked for BBVA Wealth Solutions Inc. in Houston, TX, as a financial advisor from December of 2015 to August of 2020.
• Kane has worked for Hilltop Securities Inc. in Plano, TX, as a securities broker since August 21, 2020.
• Kane has worked for Hilltop Securities Inc. in Plano, TX, as a financial advisor since August 21, 2020.

Did Hilltop Securities Inc. Securities Broker Michael Kane Cause You To Experience Damages?

Did you sustain damages by investing with Michael Kane? If so, contact Soreide Law Group at (888) 760-6552 and talk with a securities lawyer concerning a possible recovery of your investment losses or other damages. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Kane and brokerage firms Kane worked for deny accusations of sales practice violations.