Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Tammie Lyn Farrell (also known as Tammie Lyn Brown, Tammie Lyn Burk, Tammie Burk Farrell) [CRD: 2475931, Franklin, North Carolina]. Tammie Farrell worked for Wells Fargo Advisors, LLC from October 2000 to October 2012, and later joined Capital Investment Group, Inc. on October 9, 2012. Recent disclosures reveal concerns about Farrell’s conduct, including allegations of breach of fiduciary duty and negligence.
On December 10, 2024, a client of Capital Investment Group, Inc. filed a complaint alleging violations of federal securities laws, the North Carolina Securities Act, breach of contract, and negligence in connection to investments in GWG Holdings, Inc., which filed for Chapter 11 bankruptcy on April 20, 2022. The client claims $100,000 in damages, and the case is currently pending resolution under FINRA Arbitration No. 24-02594.
On September 17, 2024, multiple clients filed a complaint against Farrell, alleging violations of federal securities laws, the North Carolina Securities Act, and the New York Consumer Protection Act. This case involves $275,000 in alleged damages and remains pending under FINRA Arbitration No. 24-01999.
On March 26, 2024, a client filed a claim regarding GWG Holdings, Inc. L-Bonds purchased in 2019. Specific allegations include violations of federal and North Carolina securities laws and breach of fiduciary duty. The complaint seeks $357,000 in damages and is pending under FINRA Arbitration No. 24-00408.
On October 30, 2023, a settled complaint involved allegations of breach of fiduciary duty, negligence, and breach of contract concerning a $25,000 investment in GWG Holdings, Inc. in December 2020. The case was resolved on December 28, 2023, for $17,500, with Farrell contributing $8,750.
In another matter dated February 16, 2023, clients alleged breach of fiduciary duty, negligence, and breach of contract. Damages requested amounted to $100,000. The case settled on April 4, 2024, for $32,500, with Farrell contributing $16,250.
On November 9, 2022, clients alleged that investments in GWG Holdings, Inc. were unsuitable for their portfolio. The claim requested $270,000 in damages and was settled on October 18, 2023, for $111,399.81, with Farrell’s contribution totaling $55,700.
On October 11, 2022, clients alleged that products recommended by Farrell were unsuitable for their investment goals. This claim, involving $145,000 in requested damages, was settled on February 12, 2024, for $55,000, with Farrell contributing $27,500 to the settlement.
Looking for more information about Tammie Farrell? If so, reach out to Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. The team at Soreide Law Group works on a contingency basis, advances costs as needed, and assists investors across the country with recovering losses from sales practice misconduct. Farrell and the firms she worked for deny accusations of sales practice violations.
Summit Brokerage and Independent Financial Group each appear on a pending customer claim naming Gilbert Conrad (CRD 2746778). Both claims are unproven allegations. His BrokerCheck report also lists settled disputes at Arkadios Capital and Independent Financial Group.
On August 6, 2026, a customer filed a $400,000 FINRA arbitration naming Chad McQuade (CRD 5436281) and Northwestern Mutual. The claim involves outside, third-party real estate investments. It is pending, and McQuade disputes it in a written response.
Christopher Miller (CRD 4044818) has a customer dispute on BrokerCheck that settled on October 7, 2026 for $50,901. The disclosure lists Emerson Equity as the firm.
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