National investment loss lawyers KlaymanToskes is investigating broker Kyle Manning (CRD# 2782014) formerly of Spartan Capital Securities.
According to FINRA BrokerCheck, Kyle Manning has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with FINRA’s findings that he recommended excessive and unsuitable trades that were not in his customers’ best interests.
Investors that suffered losses with broker Kyle Manning 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 Kyle Manning, formerly of Spartan Capital Securities, has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”). FINRA’s findings disclosed that between February 2016 and April 2022, Manning recommended a series of trades in three senior customers’ accounts that was excessive, unsuitable, and not in the customers’ best interests. The regulator’s investigation found that Manning’s trading resulted in high turnover rates and cost-to-equity ratios that were well above the traditional guideposts of six and 20 percent, respectively. Manning consented to a 17-month suspension from associating with any FINRA member in all capacities.
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 Kyle Manning, or have concerns regarding your investment portfolio at Spartan Capital 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.