National investment loss lawyers KlaymanToskes is investigating Gus Mask (CRD# 5359820) of Charles Schwab, following the filing of a customer complaint alleging $150,000 in investor damages due to unsuitable investment recommendations in real-estate-related Alternative Investments.
Investors that suffered losses with Gus Mask at Charles Schwab may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman, Esq., for a free consultation to discuss recovery options at 888-997-9956 or lawrence@klaymantoskes.com. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, Gus Miller Mask is currently registered as a broker/investment advisor with Charles Schwab & Co. Inc. in Fort Worth, TX. Mask was previously registered with USAA Investment Management in San Antonio, TX.
Mask has been hit with a customer complaint alleging $150,000 in damages due to unsuitable recommendations to invest in alternative real estate investments. The customer further alleges the recommendations were made without regard for the impact it might have on the client.
Alternative investments include Non-traded REITs, Business Development Companies (BDCs), Private Placements, Direct Participation Partnerships (DPPs) & Limited Partnerships (LP Interests), 1031 Exchanges, Hedge Funds, and Oil & Gas investments.
These investments may be unsuitable for investors with a need for financial security and an ability to readily access funds when needed, such as elders and retirees, due to their illiquidity, high risk levels, lack of regulatory oversight, and complex nature.
In addition, alternative Investments may be misrepresented by brokers/advisors who fail to fully disclose the risks and liquidity problems involved to their customers, as these investments are often high-risk, have limited liquidity, and carry high expenses and fees.
Alternative Investments typically involve many risks for investors, including the following:
Illiquidity:
Regulatory Issues:
Complexity:
Your brokerage firm and advisor are obligated to recommend a suitable portfolio according to your net worth, age, risk tolerance, and other factors. If they do not, you may be entitled to a financial recovery.
Customers of Gus Mask and/or any other broker/investment advisor at Charles Schwab who suffered investment losses are encouraged to contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or lawrence@klaymantoskes.com for a free and confidential consultation to discuss legal options. We do not collect attorney’s fees unless we are able to 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
lawrence@klaymantoskes.com
www.klaymantoskes.com