Public records provided by the Financial Industry Regulatory Authority (FINRA) on September 7, 2016 indicate that former Virginia-based Capitol Securities Management broker Troy Baldridge is under investigation by the US Department of Justice. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Baldridge (CRD# 2976766).
Troy Baldridge has spent 18 years in the securities industry and was most recently registered Capitol Securities Management in Glen Allen, Virginia (2007-2016). Previous registrations include Capitol Securities & Associates in Glen Allen, Virginia; Anderson & Strudwick in Richmond, Virginia; RBC Dain Rauscher in New York, New York; Tucker Anthony in Boston, Massachusetts; Branch Cabell & Company in Richmond, Virginia; American Express Financial Advisors in Minneapolis, Minnesota; and IDS Life Insurance Company in Minneapolis, Minnesota. He is currently not registered with any state or firm.
According to his BrokerCheck report, Troy Baldridge has received one customer complaint and was discharged from his position at Capitol Securities Management.
In August 2016, the US Department of Justice launched an investigation into allegations that Troy Baldridge committed check fraud. The investigation remains pending.
In August 2016, Troy Baldridge was terminated from Capitol Securities Management following allegations involving check fraud.
In 1999, a customer alleged Troy Baldridge, while employed at American Express Financial Advisors, was involved in a “miscommunication in applying for variable life insurance coverage to fund an irrevocable trust.” The complaint settled for $55,000.
If you have lost money investing with Troy Baldridge, you may be able to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. 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.