Who is Carlos Garcia? Broker Carlos Garcia is a financial advisor with Kovack Securities. The firm has faced regulatory scrutiny and according to FINRA BrokerCheck, he is currently facing a pending customer complaint. If you have investment losses due the actions of Carlos Garcia, contact the investment loss attorneys KlaymanToskes by calling +1 (888) 997-9956 or request a free case evaluation to determine if you are eligible for recovery.
National investment loss lawyers KlaymanToskes is investigating broker Carlos Garcia of Kovack Securities (CRD# 2635960).
According to FINRA BrokerCheck, Carlos Garcia of Kovack Securities is currently facing a pending customer complaint alleging $107,000 in investor damages due to the representative’s hold recommendation which resulted in unrealized losses. The complaint allegedly relates to an investment in a real estate security.
Investors that suffered losses with broker Carlos Garcia 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.
Carlos Garcia, a financial advisor registered with Kovack Securities Inc. is currently involved in a customer complaint alleging $107,000 in damages related to a hold recommendation which resulted in unrealized losses. Garcia was previously involved in a regulatory complaint initiated by FINRA, whereby he was suspended from acting as a broker for five months and fined $5,000. Garcia consented to findings that he sold equity-indexed annuities, non-securities products, to firm customers outside the scope of his employment with his firm and without providing it with any notice of the business activity.
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 Carlos Garcia, or have concerns regarding your investment portfolio at Kovack Securities, 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.