Investors have come forward with complaints about Scott Aabel (also known as Scott Erik Aabel) (CRD: 1493667, Osprey, Florida). Particularly, the securities broker, who worked for Spire Securities LLC, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Spire Securities LLC clients allege that Aabel made unsuitable recommendations. For more on these disclosures about Aabel, see below.
Also, on June 15, 2022, a Spire Securities LLC client filed FINRA Arbitration: 22-01340 about Scott Aabel. Namely, the client alleged that Aabel made unsuitable recommendations. Because of this, the client allegedly sustained damages on GWG L Bonds. Therefore, the client requested $500,000 in compensation from Spire Securities LLC or Aabel. BrokerCheck shows that this arbitration is pending a resolution.
Additionally, on June 22, 2021, a Spire Securities LLC client filed FINRA Arbitration: 21-01585 about Scott Aabel. Namely, the client alleged that Aabel provided unsuitable advice. Because of this, the client allegedly sustained damages on variable annuities and direct investments (DPPs and LPs). Therefore, the client requested $300,000 in compensation from Spire Securities LLC or Aabel. BrokerCheck shows that this arbitration is pending a resolution.
Evidently, a client of Asset Financial Planning Ltd. contested Scott Aabel’s sales practices, according to a complaint. Allegedly, Aabel caused the client to incur a partial loss on a living benefit rider through the imposition of investment advisory fees. Supposedly, Aabel caused the client to sustain damages on variable annuities. Therefore, Asset Financial Planning Ltd. opted to settle the matter on October 9, 2009, by compensating the client in the amount of $6,447.68.
Also, a Prime Capital Services Inc. client filed NASD Arbitration: 05-00653 about Scott Aabel. Namely, the client alleged unsuitable transactions. Because of this, the client allegedly sustained damages on unregistered securities. Therefore, on February 14, 2005, Prime Capital Services Inc. settled this matter by paying the client $117,000 in damages.
Particularly, a client of Prime Capital Services Inc. contested Scott Aabel’s sales practices by filing NASD Arbitration: 04-06612. Allegedly, Aabel made unsuitable recommendations. It appears that Aabel caused the client to sustain damages on promissory notes. Therefore, Prime Capital Services Inc. opted to settle the matter on September 27, 2004, by compensating the client in the amount of $130,000.
Have you experienced damages by investing with Scott Aabel? You should 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 successfully recovered funds for many investors in all 50 states, represents clients on a contingency fee basis and advances all costs. Aabel and those firms Aabel worked for deny any and all allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: GREAT POINT CAPITAL, LLC, (GREAT POINT) and their former registered representative, SUSAN JANE GITT (SUSAN J GITT, SUSAN JANE SCHULTZ) (Respondents). The Claimants are retired and live in Florida. The lawsuit states that the Claimants were looking for conservative income-generating […]
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.
Phone:
Fax: 1-954-760-6553
Email: [email protected]