National investment loss lawyers KlaymanToskes is investigating Duncan MacEachern (CRD# 1856591) and Celtic Wealth Management Group after the Royal Oak, Michigan-based broker/investment advisor was hit with a customer complaint which alleges $800,000 in damages due to risky and illiquid investment recommendations.
Investors that suffered losses with Duncan MacEachern at Celtic Wealth Management Group may have recovery options. Contact attorney Lawrence L. Klayman for a free consultation at (888) 997-9956 or lklayman@klaymantoskes.com to discuss your legal options. We do not collect attorney’s fees unless we obtain a financial recovery for you.
Duncan Gerard MacEachern is doing business as the President of Celtic Wealth Management Group, Inc. in Royal Oak, MI. According to FINRA BrokerCheck, MacEachern is currently registered as a broker/investment advisor with LPL Financial, and was previously registered with Centaurus Financial until 2021.
According to FINRA BrokerCheck, Duncan MacEachern has one pending customer complaint which alleges he made unsuitable recommendations of risky, illiquid investments, resulting in $800,000 in customer damages. The complaint was filed in April 2023 and relates to investments in variable annuities, corporate bonds, stocks, and real estate securities.
Investors should be cautious when receiving recommendations to invest in illiquid, speculative, and/or non-traded investments. Stockbrokers and their firms are responsible for providing suitable investment advice in compliance with Financial Industry Regulatory Authority (FINRA) rules and regulations.
In addition to having a responsibility to conduct due diligence on any investment product sold to their customers, brokers and their firms also have a fiduciary duty to avoid over-concentrating their customers in any one security or asset class.
Investors that suffered losses with Duncan MacEachern at Celtic Wealth Management Group, Centaurus Financial, and/or LPL Financial may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman for a free consultation at (888) 997-9956 or lklayman@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com