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Leonard Kinsman Has Unsuitability Complaints

Leonard Kinsman Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on July 11, 2016 indicate that New York-based Wells Fargo broker/adviser Leonard Kinsman has received customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kinsman (CRD# 2816535).

Leonard Kinsman has spent 19 years in the securities industry and has been registered with Wells Fargo Advisors Financial Network in Staten Island, New York since 2014. Previous registrations include Merrill Lynch in Staten Island, New York; Wells Fargo Advisors in Red Bank, New Jersey; Citigroup Global Markets in Staten Island, New York; Citicorp Investment Services in Staten Island, New York; Royal Hutton Securities, which has since been expelled by FINRA, in New York, New York; Meyers Pollock Robbins, which has since been expelled by FINRA, in New York, New York; and Argent Securities in Atlanta, Georgia. He is a registered broker and investment adviser with eight US states and territories: California, Florida, Connecticut, Nevada, New Jersey, New York, Pennsylvania, and Texas.

According to his BrokerCheck report, Leonard Kinsman has received two customer complaints and one pending customer complaint.

In May 2016, a customer alleged Leonard Kinsman, while employed at Wells Fargo Advisors, misrepresented and recommended unsuitable investments. The customer is seeking $50,000 in damages in the pending complaint.

In 2008, a customer alleged Leonard Kinsman, while employed at Citigroup Global Markets, engaged in unspecified misconduct related to an investment in an auction rate security. The complaint settled for $200,626.

In 1998, a customer alleged Leonard Kinsman, while employed at Royal Hutton Securities, made unsuitable investment recommendations, misrepresented and omitted material facts related to an investment, and churned the account. The complaint settled for $180,000.

If you have lost money investing with Leonard Kinsman, you may be entitled to recover lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover 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.