National investment loss lawyers KlaymanToskes is investigating broker Ken Judd, formerly of Valkyrie Equities (CRD #7110607).
According to FINRA BrokerCheck, Ken Judd of Valkyrie Equities was barred by FINRA after refusing to cooperate with the regulator’s investigation regarding his firm’s allegations that he concealed deferred commissions and potentially colluded with an issuer to prevent the discovery of escrow breaks on financial statements.
Investors that suffered losses with broker Ken Judd are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
FINRA has barred Ken Judd from associating with any FINRA member firm in any capacity following his refusal to provide documents and information during an investigation, in violation of FINRA Rules 8210 and 2010. According to FINRA BrokerCheck, Judd entered the securities industry in 2019 when he registered with Valkyrie Equities’ branch office in Farmers Branch, Texas. FINRA’s investigation began after Valkyrie Equities Corporation filed a disclosure about Judd’s departure from the firm on December 31, 2023. The firm’s disclosure indicated that Judd deferred commissions in a manner that prevented detection of an escrow break on financial statements. The disclosure also noted “There is reason to believe that the issuer and Mr. Judd may have acted in collusion although this is still pending investigation. The difficultly lies in the departure of Mr. Judd and the access to the issuer which is outside the control of VEC. For example, the issuer’s attorney and provided document suggest that fund raised may have been a loan by the issuer. This is unproven but is suspicious.”
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged 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 broker Ken Judd, or have concerns regarding your investment portfolio at Valkyrie Equities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.