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Broker Misconduct Investigation: Kenneth Sledge (Lincoln Financial Advisors Corporation)

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Updated on: March 15, 2024

National investment loss lawyers KlaymanToskes is investigating Kenneth Sledge of Lincoln Financial Advisors Corporation (CRD #824533).

Kenneth Sledge, a broker registered with Lincoln Financial Advisors Corporation in Nashville, Tennessee since 1988, is currently under investigation for alleged energy sector investment losses, stemming from a customer complaint in May 2023 that claimed Sledge recommended an unsuitable Oil & Gas investment, leading to a settlement of $274,885.18.

Investors that suffered losses with Kenneth Sledge (Lincoln Financial Advisors Corporation) are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

“Kenneth Sledge Settles Customer Complaint Over Unsuitable Investment”

Kenneth Sledge, a financial advisor, has been the subject of a notable customer complaint, as documented in his Central Registration Depository (CRD) report. The complaint dates back to May 2023 and involves allegations of an unsuitable investment recommendation in the Oil & Gas sector. The customer, who filed the complaint, sought damages of $500,000. The case reached a settlement, with the claimant receiving $274,885.18.

The details of the resolution suggest a considerable financial impact, highlighting the gravity of the claim against Sledge.

The Financial Industry Regulatory Authority (FINRA) holds member firms accountable for the activities of their brokers while registered with them. This rule implies that Lincoln Financial Advisors Corporation, the firm with which Sledge is associated, may bear liability for any investment losses or other damages incurred by Sledge’s customers.

Who is Kenneth Sledge of Lincoln Financial Advisors Corporation?

Kenneth Sledge is a broker who has been registered with Lincoln Financial Advisors Corporation since 1988. In 2023, he was the subject of one customer complaint that alleges he recommended an unsuitable Oil & Gas investment.

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against Kenneth Sledge. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

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 Kenneth Sledge, or have concerns regarding your investment portfolio at Lincoln Financial Advisors Corporation, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.