Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on July 16, 2018 indicate that Connecticut-based National Securities Corporation broker Christopher Kane has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Kane (CRD# 5486515).
Christopher Kane has spent seven years in the securities industry and has been registered with National Securities Corporation in South Norwalk, Connecticut since 2016. Previous registrations include Laidlaw & Company in Stamford, Connecticut (2011-2016) and HFP Capital Markets in New York, New York (2010-2011). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 10, 2010, and Series 7 (General Securities Representative Examination), which he obtained on November 22, 2010. He is a registered broker with 42 US states and territories and with two self-regulatory organizations (SROs): FINRA and the Nasdaq Stock Market.
According to his BrokerCheck report, he has received one pending customer complaint.
In May 2018 a customer alleged Christopher Kane, while employed at Laidlaw & Company, churned investments, executed unauthorized trades, and made unsuitable investment recommendations. The customer is seeking $871,256 in damages in the pending complaint.
For reference, “churning” denotes the excessive execution of transactions in a client account with the chief aim of generating commissions for the broker: that is, rather than executing transactions to advance the customer’s goals, the broker executes a large number of transactions to drive up fees and charges. Investment professionals who participate in churning trading may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has lost money investing with Christopher Kane, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: 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.