National investment loss lawyers KlaymanToskes is investigating investment advisor Kai Kahauanu (CRD# 4973274) of AE Wealth Management, following the law firm’s filing of a AAA arbitration claim (AAA# 24-0285-01940) alleging investor damages of $500,000 due to unsuitable recommendations and misrepresentations of structured note investments.
According to the lawsuit filed by KlaymanToskes, the customer is a retired and unsophisticated investor who entrusted AE Wealth Management (“AEWM”) and investment advisor Kai Kahauanu to provide income-generating investments that would safeguard his principal. Instead, AEWM and its advisor placed over 50% of his liquid net worth into four high-risk, illiquid structured notes tied to volatile stocks such as Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA), Netflix (NASDAQ: NFLX), and Zoom (NASDAQ: ZM).
Investors that suffered losses with investment advisor Kai Kahauanu at AE Wealth Management 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.
Kai Kahauanu ((CRD# 4973274)) is a broker who is currently under investigation for alleged unsuitable recommendations. Kai is a former investment advisor with a history in financial services, previously associated with AE Wealth Management and Silversword Asset Management, LLC. He began his career with Edward D. Jones & Co., L.P., but was terminated in February 2011.
AE Wealth Management, LLC (AEWM) is an investment adviser firm based in Topeka, Kansas, offering asset management and financial planning services to clients nationwide.
KlaymanToskes has filed a complaint against AE Wealth Management (AAA# 24-0285-01940), on behalf of an investor who is seeking to recover damages of $500,000 due to being recommended to invest in unsuitable structured note investments by his investment advisor, Kai Kahauanu (CRD# 4973274). According to the lawsuit, AEWM and its advisor placed over 50% of the customer’s liquid net worth into four high-risk, illiquid structured notes tied to volatile stocks such as Amazon (NASDAQ: AMZN), Tesla (NASDAQ: TSLA), Netflix (NASDAQ: NFLX), and Zoom (NASDAQ: ZM). The investments included three Morgan Stanley Structured Notes and a Barclays Structured Note.
Below is a timeline of customer allegations and regulatory actions involving Kai Kahauanu, primarily related to unsuitable investment recommendations and misrepresentations.
Allegation: A retired investor filed a $500,000 arbitration claim against AE Wealth Management and Kai Kahauanu, alleging unsuitable recommendations and misrepresentations related to high-risk, illiquid structured notes.
Allegation: The arbitration claim detailed that the investments comprised over 50% of the investor’s liquid net worth, contrary to their financial objectives for income-generating, principal-protected investments.
Action: Investors impacted by these recommendations began consulting legal professionals to seek financial recovery.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against investment advisor Kai Kahauanu. 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 investment advisors 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 investment advisor Kai Kahauanu, or have concerns regarding your investment portfolio at AE Wealth Management and/or Vora Wealth Management, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss your potential recovery options.