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Worden Capital Management broker Gregory Dean: Complaints

The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding New York-based Worden Capital Management broker Gregory Dean (CRD# 4922996).

Gregory Dean has spent ten years in the securities industry and has been registered with Worden Capital Management in Garden City, New York since 2014. Previous registrations include J.D. Nicholas & Associates in Syosset, New York (2007-2014); American Capital Partners in Wantagh, New York (2005-2007); MetLife Securities in New York, New York (2005); and Metropolitan Life Insurance Company in New York, New York (2005). Mr. Dean is a registered broker in 36 US states and territories.

According to his BrokerCheck report, Gregory Dean is the subject of two customer complaints, two pending customer complaints, and one regulatory sanction.

In 2015 a customer alleged Gregory Dean, while employed at J.D. Nicholas & Associates, recommended unsuitable investments, breached his fiduciary duty, committed markup or commission abuse, and churned the customer’s account. The customer is seeking more than $419,300 in damages in the pending complaint.

In 2015 a customer alleged Gregory Dean, while employed at J.D. Nicholas & Associates, made unsuitable investment recommendations, breached his fiduciary duty, committed markup or commission abuse, and both over-concentrated and churned the customer’s account. The customer is seeking more than $125,900 in damages in the pending complaint.

In 2015 a customer alleged Gregory Dean, while employed at J.D. Nicholas & Associates, made unsuitable and excessive trades, and churned the customer’s account. The customer is seeking more than $500,000 in damages in the pending complaint.

In 2014 a customer alleged Gregory Dean, while employed at J.D. Nicholas & Associates, acted negligently, churned the customer’s account, recommended unsuitable investments, and failed to supervise his representatives. The customer is seeking $418,163 in the pending complaint.

In 2014 a customer alleged Gregory Dean, while employed at J.D. Nicholas & Associates, made investment recommendations that performed poorly. The complaint settled for $42,500.

In 2013 the Arkansas Securities Department sanctioned Gregory T. Dean, while he was employed at J.D. Nicholas & Associates, following allegations he made unsolicited telemarketing calls to someone who was on the federal “do not call” registry. Gregory T. Dean was fined $10,000 as a result.

In 2013 a customer alleged Gregory Dean, while employed at J.D. Nicholas & Associates, failed to follow instructions on a stop loss order. The complaint settled in 2014 for $8,250.

If you have lost money investing with Gregory Dean, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover your losses. All cases are taken on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.