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Did You Lose Money Because of Chay Lapin?

Filed: March 12, 2024

Chay Lapin currently has six (6) pending customer complaints. Overall, he has been the subject of eight (8) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Chay Lapin.

Who Is Chay Lapin of FNEX Capital, LLC?

  • Advisor Name: Chay Lapin
  • Aliases: Chay Thomas Lapin
  • CRD: 6275140
  • Location: Indianapolis, Indiana
  • Current Employer: FNEX Capital, LLC
  • Previous Firms: Growth Capital Services, Inc., Wealthforge Securities, LLC, and Colorado Financial Service Corporation
  • Number of Known Customer Complaints: 8
  • Can Chay Lapin Be Sued: Yes, in Private Arbitration
  • Can Chay Lapin’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $400,000
  • Highest Settlement: Unknown

If you have suffered investment losses by Chay Lapin, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Chay Lapin For Broker Misconduct

As of this publication date, Chay Lapin has been the subject of 8 customer disputes. Let’s review them below.

In July 2023, a FINRA arbitration was filed against or in reference to Chay Lapin by a customer of Colorado Financial Service Corporation alleging unsuitable, high cost, illiquid investment subject to excessive fees, costs and risks. Per the customer, he/she lost over $400,000 because of Mr. Lapin’s actions.

In April 2023, a FINRA arbitration was filed against or in reference to Chay Lapin by multiple customers of Wealthforge Securities, LLC alleging that Mr. Lapin failed to conduct a reasonable due diligence on NP Skyloft DST, misrepresented this investment and failed to disclose material facts concerning this investment to claimants. As of this publication date, this claim remains pending.

In April 2023, a FINRA arbitration was filed against or in reference to Chay Lapin by multiple customers of Wealthforge Securities, LLC alleging that Mr. Lapin failed to conduct a reasonable due diligence on NP Skyloft DST, misrepresented this investment and failed to disclose material facts concerning this investment to claimants. As of this publication date, this claim remains pending.

In March 2023, a FINRA arbitration was filed against or in reference to Chay Lapin by multiple customers of Wealthforge Securities, LLC alleging that Mr. Lapin failed to conduct a reasonable due diligence on NP Skyloft DST, misrepresented this investment and failed to disclose material facts concerning this investment to claimants. As of this publication date, this claim remains pending.

In February 2023, a FINRA arbitration was filed against or in reference to Chay Lapin by multiple customers of Wealthforge Securities, LLC alleging that Mr. Lapin failed to conduct a reasonable due diligence on NP Skyloft DST, misrepresented this investment and failed to disclose material facts concerning this investment to claimants. As of this publication date, this claim remains pending.

In January 2023, a FINRA arbitration was filed against or in reference to Chay Lapin by multiple customers of Wealthforge Securities, LLC alleging that Mr. Lapin improperly recommended, supervised the recommendation of, and controlled the recommendation that claimants invest in NP Skyloft, DST. Mr. Lapin failed to conduct a reasonable due diligence on NP Skyloft, DST, failed to disclose material facts to claimants concerning this investment, and misrepresented material facts to claimants concerning this investment. As of this publication date, this claim remains pending.

In January 2023, a FINRA arbitration was filed against or in reference to Chay Lapin by multiple customers of Wealthforge Securities, LLC alleging that Mr. Lapin failed to conduct a reasonable due diligence on NP Skyloft DST, misrepresented this investment and failed to disclose material facts concerning this investment to claimants. As of this publication date, this claim remains pending.

In November 2019, a complaint was filed against or in reference to Chay Lapin by a customer of Colorado Financial Service Corporation alleging that the client’s investments into two private placements are not performing as he anticipated. The investor further alleges his funds are locked out of his control. Mr. Lapin started the relationship with this investor around May 2016.

How To File A Claim Against Chay Lapin of FNEX Capital, LLC (previously with Growth Capital Services, Inc., Wealthforge Securities, LLC, and Colorado Financial Service Corporation) To Get Your Money Back

If you have questions about Chay Lapin, FNEX Capital, LLC, Growth Capital Services, Inc., Wealthforge Securities, LLC, Colorado Financial Service Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Author Photo

Chetan Patil

Chetan Patil is the founder and Managing Partner of the Patil Law. He brings over 15 years of extensive experience in diverse complex disputes and transactions, across the country. Mr. Patil specializes in litigations, trials, arbitrations, and appeals of complex securities, FINRA, financial and business disputes, with an emphasis in securities, financial services, and financial regulatory law.
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