National investment loss lawyers KlaymanToskes is investigating Dwight Kay of Fnex Capital, LLC (CRD #5376903).
According to his CRD report, broker Dwight Kay of Fnex Capital, LLC is currently facing seven customer complaints, primarily alleging failure to conduct reasonable due diligence on NP Skyloft DST, misrepresentation of this investment, and non-disclosure of material facts related to this investment, with pending cases seeking damages ranging from $295,000 to over $4 million.
Investors that suffered losses with Dwight Kay (Fnex Capital, LLC) are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Dwight Kay, a broker with a history in multiple firms, is currently facing a series of customer complaints regarding private placement investment losses. Kay, who is presently registered with Fnex Capital, LLC in Indianapolis, Indiana since 2022, has previously been linked with several other firms including Growth Capital Services, Inc., Wealthforge Securities, LLC, Colorado Financial Service Corporation, and Concorde Investment Services, LLC.
According to his Central Registration Depository (CRD) report, Kay has been the subject of seven customer complaints between 2010 and 2023.
These complaints allege that Kay failed to conduct due diligence on an investment called NP Skyloft DST, misrepresented the investment, and did not disclose critical facts about it to the claimants. One of these complaints was denied.
The complaints, which are still pending, have resulted in clients seeking substantial amounts in damages.
In April 2023, two separate cases saw clients requesting $552,535.65 and $1,179,043.06 respectively. In March of the same year, another customer sought $295,000. February 2023 saw a claim for $1,800,000 and in January 2023, two complaints were filed with customers seeking $2,523,243.13 and $4,108,931.83 respectively.
Dwight Kay is a broker has been registered with the following firms: Growth Capital Services, Inc. (2020-2022), Wealthforge Securities, LLC (2017-2020), Colorado Financial Service Corporation (2015-2017), and Concorde Investment Services, LLC (2012-2015). Currently, he is registered at Fnex Capital, LLC (2022-). He has been the subject of seven customer complaints between 2010 and 2023, one of which was denied. He is currently facing pending charges for misrepresentation and failure to disclose material facts concerning investments.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against Dwight Kay. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with Dwight Kay, or have concerns regarding your investment portfolio at Fnex Capital, LLC, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.