National investment loss lawyers KlaymanToskes is investigating broker Dwight Kay (CRD# 5376903) formerly of WealthForge Securities and Growth Capital Services. Kay is currently registered as a financial advisor with FNEX Capital.
According to FINRA BrokerCheck, broker Dwight Kay is currently involved in several customer complaints alleging over $570,000 in collective investor damages. The complaints allege unsuitable recommendations to invest in private placement investments.
Investors that suffered losses with broker Dwight Kay 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.
Financial advisor Dwight Kay of WealthForge Securities is currently involved in several customer disputes, according to Financial Industry Regulatory Authority (“FINRA”) records. One of the recent customer complaints filed alleges $570,000 in damages due to unsuitable recommendations to invest in private placement investments. The complaint further alleges negligence, misrepresentation, omission, breach of contract, breach of fiduciary duty, and elder abuse.
A second customer complaint alleges failure to conduct reasonable due diligence, failure to make material disclosures, failure to conduct suitability, misrepresentation and omissions, branch of contract, and breach of fiduciary duty. The complaint allegedly relates to private placement investments. Kay was registered with WealthForge Securities from June 2017 to July 2020 in Torrance, CA, and is currently associated with FNEX Capital.
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 Dwight Kay, or have concerns regarding your investment portfolio at WealthForge Securities, Growth Capital Services, FNEX Capital, 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.