Investors have come forward with complaints about securities broker Ryan Thomas Fleming (CRD: 4378425, Bellevue, WA). Evidently, the securities broker, who worked for Hornor Townsend Kent LLC, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Hornor Townsend Kent LLC clients allege that Fleming made misrepresentations and made unsuitable recommendations. For more on these disclosures about Fleming, see below; however, keep in mind that the securities broker denies all allegations of misconduct.
Hornor Townsend Kent LLC Investor Accuses Ryan Fleming Of Misrepresentation
Evidently, on June 23, 2022, a Hornor Townsend Kent LLC client filed a complaint about Ryan Fleming. Namely, the client alleged that Fleming made misrepresentations and made unsuitable recommendations. Because of this, the client allegedly sustained damages by investing in business development companies. Therefore, the client requested compensation from Hornor Townsend Kent LLC or Fleming. However, this complaint is closed with no action by the client.
Fleming Discloses Breach Of Fiduciary Duty Allegations By Hornor Townsend Kent LLC Client
Also, a client of Hornor Townsend Kent LLC contested Ryan Fleming’s sales practices by filing FINRA Arbitration: 20-04062. Allegedly, Fleming made unsuitable recommendations, acted in breach of fiduciary duty, and was negligent. Supposedly, Fleming caused the client to sustain damages by investing in direct investments. Therefore, Hornor Townsend Kent LLC opted to settle the matter on June 23, 2022, by compensating the client in the amount of $50,000.
Hornor Townsend Kent LLC Investor Accuses Ryan Fleming Of Unsuitable Recommendations
Additionally, a Hornor Townsend Kent LLC client filed FINRA Arbitration: 20-02586 about Ryan Fleming. Namely, the client alleged that Fleming made unsuitable recommendations. Because of this, the client allegedly sustained damages by investing in non-traded REITs. Therefore, on September 13, 2021, Hornor Townsend Kent LLC settled this matter by paying the client $85,000 in damages.
- Fleming worked for Hornor Townsend Kent LLC in Bellevue, WA, as a securities broker from May of 2001 to November of 2020.
- Fleming worked for Hornor Townsend Kent LLC in Horsham, PA, as a financial advisor from December of 2001 to November of 2020.
- Fleming has worked for Royal Alliance Associates Inc. in Bellevue, WA, as a securities broker and financial advisor since October 30, 2020.
Did Hornor Townsend Kent LLC Securities Broker Ryan Fleming Cause You To Experience Damages?
Have you suffered damages because of Ryan Fleming? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has effectively recovered money for hundreds of investors in the United States, can review your situation and explain your legal options. Also, the firm represents clients on a contingency fee basis and advances all costs. Fleming and brokerage firms Fleming worked for deny any and all allegations of sales practice violations.