Kirk Crossen Has An Investor Complaint – May Recover Investor Losses

Kirk Crossen Has An Investor Complaint – Goodman & Nekvasil, P.A., May Recover Investor Losses

Former Morgan Stanley financial adviser, Kirk Crossen has an investor complaint, and is now named in a FINRA Complaint.   

KIRK JAMES CROSSEN
CRD#: 2742256
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
Investor Update:  Crossen Named in FINRA Complaint
FINRA is alleging Crossen concealed the loans from the firm by falsely stating on two annual compliance questionnaires that he had not borrowed money from customers.  Respondent Kirk J. Crossen borrowed a total of $400,000 through three loans from a customer who
was 84 years old and suffering from the onset of dementia, according to the FINRA Complaint.

KIRK JAMES CROSSEN (CRD#: 2742256), a formerly registered broker for RAYMOND JAMES & ASSOCIATES, INC. in Carmel, IN, has a pending investor complaint.  According to Crossen’s FINRA BrokerCheck report, Claimant alleged, inter alia, that the investments strategy executed in the client’s account was unsuitable 2022-2023.  The claimant is requesting $6,000,000.00 for alleged damages.

RAYMOND JAMES & ASSOCIATES, INC. subsequently terminated Crossen based on allegations that the individual alleged to have lacked candor during inquiry into loan from the individuals’ former client at prior firm.   Kirk J Crossen was previously employed by Morgan Stanley.

Raymond James Files Suit To Enforce $2.5M Finra Award Against Ex-Advisor

Investor Update:  Crossen Named in FINRA Complaint

Investor Update:  Crossen Named in FINRA Complaint

Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.

St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors.  The  firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.

Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.

We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.

There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.

If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.

Some of the information in this blog post was obtained from FINRA on 4/03/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.

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