Stephen Matthews (CRD#: 1878065, Dublin, Ohio) is a general securities representative of SagePoint Financial, Inc. According to Stephen Matthews’ Financial industry Regulatory Authority (FINRA) BrokerCheck Report, Stephen Matthews, who has been with SagePoint Financial, Inc. since August 16, 2013, is the subject of an investor’s dispute. Here is a summary of the matter:
FINRA BrokerCheck shows that a SagePoint Financial Inc. customer brought FINRA Arbitration #17-01190 on May 9, 2017. Allegedly, Matthews sold the customer unsuitable investments including private placements and variable annuities. The customer claimed that SagePoint Financial Inc. or Matthews breached his fiduciary responsibility to the customer. That is to say, Matthews potentially failed to act in the customer’s best interest. Not only that, but the customer claimed that SagePoint Financial Inc. or Matthews was negligent with the customer’s investments. Because of this, SagePoint Financial Inc. settled the customer’s claim by paying the customer $20,000.
Investors can bring claims against a brokerage firm, stockbroker, or both, when the firm or stockbroker fails to conduct business with a customer in a way that a reasonably prudent broker would conduct business. Negligence also occurs when brokers do not comply with securities industry standards. Similarly, a breach of fiduciary duty, typically involves a brokerage firm or stockbroker failing to place the investors’ needs and interests first. Often times, a broker violates a fiduciary duty by willfully generating a gain at the customer’s expense.
Have you experienced losses by investing with securities broker Stephen Matthews? If so, contact Soreide Law Group at (888) 760-6552, where you can speak with experienced counsel about a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has recovered millions of dollars for investors who have suffered losses due to misconduct of brokers and brokerage firms.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com