A couple investors appear to be sounding the alarm in regard to securities broker Peter Kyle Janssen (CRD#: 5691028, Fairfield, IA). Namely, the Financial Industry Regulatory Authority (“FINRA”) reports through BrokerCheck that investors’ disputes suggest sales practice violations by the securities broker, who worked for New York firms Aegis Capital Corp. (2013 to 2014) and Katalyst Securities (2015 to 2020) before joining Janssen Partners.
Evidently, a client of Katalyst Securities filed a lawsuit over losses supposedly caused by Peter Janssen. Apparently, in December 2017, Janssen told the client to invest in the cryptocurrency market. Specifically, Janssen had Mega Blockchain – a “venture opportunity” – in mind. Apparently, Mega Blockchain was intending to mine cryptocurrency products.
The lawsuit suggests that the customer invested more than $50,000 in the private placement offering because of Janssen. It is possible that the broker did not complete due diligence on this investment before offering it. He also might have recommended unsuitable investments or those that conflicted with the client’s suitability profile. For the securities broker’s allegedly improper and unreasonable actions, Katalyst Securities compensated the client in the amount of $27,500. Reportedly, this matter settled in July 2020.
FINRA BrokerCheck shows that in November 2019, an investor came forward to dispute Peter Janssen’s sales practices. Namely, the client referred to Janssen seemingly steering the client towards a speculative and risky investment in Mega Blockchain. Because of Janssen’s actions, the client decided to invest in the private placement. However, this might have been an unsuitable investment for the customer. Evidently, Katalyst Securities chose to settle this matter in June 2020 through making a $17,500 payment to the client.
Did you incur investment losses at the hands of Peter Janssen? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a potential recovery of your investment losses. Soreide Law Group provides representation to clients on a contingency fee basis and advances costs. The law firm has recovered millions of dollars for clients who have experienced losses due to misconduct of financial advisors and securities brokers like Janssen.
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: TEXAKOMA FINANCIAL, INC. and their registered representative, SHEA PETER KENNEDY (SHEA P KENNEDY) (Repondents). The Claimant resides in Nevada, and according to the lawsuit, around August of 2023, SHEA P KENNEDY contacted the Claimant unsolicited, apparently after the Claimant had […]
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Phone:
Fax: 1-954-760-6553
Email: [email protected]