Category: Crown Capital Securities

Did You Lose Money Because of David McMillen?

Filed: March 11, 2024

David McMillen currently has one (1) pending customer complaint. Overall, he has been the subject of four (4) customer complaints and one (1) financial event. 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 David Bruce McMillen.

Who Is David Bruce McMillen of Crown Capital Securities, L.P.?

• Advisor Name: David Bruce McMillen
• Aliases: David McMillen
• CRD: 1198070
• Location: Boulder, Colorado
• Current Employer: Crown Capital Securities, L.P.
• Previous Firms: Multi-Financial Securities Corporation and Sunamerica Securities, Inc.
• Number of Known Customer Complaints: 4
• Number of Known Financial Events: 1
• Can David McMillen Be Sued: Yes, in Private Arbitration
• Can David McMillen’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $20,000,000
• Highest Settlement: $1,500,000

If you have suffered investment losses by David McMillen, 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 David McMillen For Broker Misconduct

As of this publication date, David McMillen has been the subject of 4 customer disputes and 1 financial event. Let’s review them below.

In April 2023, a FINRA arbitration was filed against or in reference to David McMillen by a customer of Crown Capital Securities, L.P. alleging lack of suitability, breach of fiduciary duty, and negligence related to the purchase of alternative investments. Per the customer, he/she lost over $125,000 because of Mr. McMillen’s actions. As of this publication date, this claim remains pending.

In March 2018, a FINRA arbitration was filed against or in reference to David McMillen by a customer of Crown Capital Securities, L.P. alleging that investment products sold to her were not suitable and have limited liquidity. Per the customer, she lost over $5,000 because of Mr. McMillen’s actions. On March 22, 2019, Mr. McMillen settled the claim for $250,000, and some or all of this amount may have been paid by Mr. McMillen’s employer and/or insurance carrier.

In December 2017, a FINRA arbitration was filed against or in reference to David McMillen by a customer of Crown Capital Securities, L.P. alleging that their investments cannot be liquidated or their value cannot be ascertained and as a result unable to ascertain their financial position. Per the customer, he/she lost over $20,000,000 because of Mr. McMillen’s actions. On April 9, 2019, Mr. McMillen settled the claim for $1,500,000, and some or all of this amount may have been paid by Mr. McMillen’s employer and/or insurance carrier.

In October 2015, JPMCB reported that Mr. McMillen had outstanding debt totaling $202,376. Mr. McMillen settled this matter in the amount of $131,443.80.

In July 2005, a FINRA arbitration was filed against or in reference to David McMillen by a customer of Crown Capital Securities, L.P. alleging that Mr. McMillen failed to follow instructions in a timely manner. Per the customer, he/she lost over $20,000 because of Mr. McMillen’s actions.

How To File A Claim Against David McMillen of Crown Capital Securities, L.P. (previously with Multi-Financial Securities Corporation and Sunamerica Securities, Inc.) To Get Your Money Back

If you have questions about David McMillen, Crown Capital Securities, L.P., Multi-Financial Securities Corporation, Sunamerica Securities, Inc., 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.

Did You Lose Money Because of Larry Michaels?

Filed: March 4, 2024

Larry Michaels has been the subject of two (2) customer complaints and one (1) investigation. 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 Larry Joseph Michaels.

Who Is Larry Joseph Michaels of Crown Capital Securities, L.P. and Legacy Advisory Group, Inc.?

• Advisor Name: Larry Joseph Michaels
• Aliases: Larry Michaels
• CRD: 4351477
• Location: Santa Ana, California
• Current Employer: Crown Capital Securities, L.P. and Legacy Advisory Group, Inc.
• Previous Firms: J P Turner & Company Capital Management, LLC and J.P. Turner & Company, L.L.C.
• Number of Known Customer Complaints: 2
• Number of Known Investigations: 1
• Can Larry Michaels Be Sued: Yes, in Private Arbitration
• Can Larry Michaels’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $325,000
• Highest Settlement: $200,000

If you have suffered investment losses by Larry Michaels, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Larry Michaels For Broker Misconduct

As of this publication date, Larry Michaels has been the subject of 2 customer disputes and 1 investigation. Let’s review them below.

In February 2024, FINRA made a preliminary determination to recommend that disciplinary action be brought against Larry J. Michaels alleging violation of FINRA Rules 3260(b) and 2010 for exercising discretion without prior written authorization and violation of FINRA Rules 3270 and 2010 for his undisclosed outside business activities.

In December 2020, a complaint was filed against or in reference to Larry Michaels by a customer of Crown Capital Securities, L.P. alleging that they were not aware of redemptions of mutual fund positions thus missed out on market gains. Per the customer, he/she lost over $10,000 because of Mr. Michaels’s actions. On December 16, 2020, Mr. Michaels settled the claim for $24,300, and some or all of this amount may have been paid by Mr. Michaels’s employer and/or insurance carrier.

In September 2013, a FINRA arbitration was filed against or in reference to Larry Michaels by multiple customers of Crown Capital Securities, L.P. alleging that several REIT and partnership investments were not properly sold to them nor were they suitable. Per the customer, he/she lost over $325,000 because of Mr. Michaels’s actions. On April 13, 2016, Mr. Michaels settled the claim for $200,000, and some or all of this amount may have been paid by Mr. Michaels’s employer and/or insurance carrier.

How To File A Claim Against Larry Michaels of Crown Capital Securities, L.P. and Legacy Advisory Group, Inc. (previously with J P Turner & Company Capital Management, LLC and J.P. Turner & Company, L.L.C.) To Get Your Money Back

If you have questions about Larry Michaels, Crown Capital Securities, L.P., Legacy Advisory Group, Inc., J P Turner & Company Capital Management, LLC, J.P. Turner & Company, L.L.C., 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.

Did You Lose Money Because of Tim Peyton?

Filed: February 9, 2024

Tim Peyton currently has one (1) pending judgment/lien event. Overall, he has been the subject of six (6) customer complaints and one (1) judgment/lien event. 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 Tim Paul Peyton.

Who Is Tim Paul Peyton of Crown Capital Securities, L.P.?

• Advisor Name: Tim Paul Peyton
• Aliases: Tim Peyton
• CRD: 1773817
• Location: Gretna, Louisiana
• Current Employer: Crown Capital Securities, L.P.
• Previous Firms: National Securities Corporation, Gunnallen Financial, Inc., and Continental Broker-Dealer Corp.
• Number of Known Customer Complaints: 6
• Number of Known Judgment/Lien Events: 1
• Can Tim Peyton Be Sued: Yes, in Private Arbitration
• Can Tim Peyton’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $750,000
• Highest Settlement: $245,000

If you have suffered investment losses by Tim Peyton, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a portfolio mismanagement 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 Tim Peyton For Broker Misconduct

As of this publication date, Tim Peyton has been the subject of 6 customer disputes and 1 judgment/lien event. Let’s review them below.

In September 2023, Tim Peyton was the subject of a civil judgment or lien in the amount of $8,669.85. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In January 2022, a FINRA arbitration was filed against or in reference to Tim Peyton by multiple customers of Crown Capital Securities, L.P. alleging lack of suitability and failure to conduct proper due diligence as it relates to the purchase of two alternative investment products. They further allege over concentration and the failure to disclose the risk factors of the investment products in question. Per the customers, they lost over $750,000 because of Mr. Peyton’s actions. On January 18, 2024, Mr. Peyton settled the claim for $245,000, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.

In July 2002, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging unauthorized trading, unsuitable investments and failure to follow instructions with respect to the investments purchased in the client’s account. 2000-200. Per the customer, he lost over $48,000 because of Mr. Peyton’s actions.

In December 2001, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging unauthorized trading, unauthorized use of margin, unsuitability and misrepresentation – 5/98 through 9/7/01.

In May 2001, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging churning. On June 3, 2002, Mr. Peyton settled the claim for $17,000, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.

In August 2000, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging that there were trades executed in the client’s account that were unauthorized, unsuitable and not in accordance with the client’s instructions on what types of securities to purchase for him. Per the customer, he lost over $24,500 because of Mr. Peyton’s actions. On October 31, 2002, Mr. Peyton settled the claim for $16,435.66, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.

In September 1999, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging that OTC stock was unsuitable investment for the client’s retirement account. On May 9, 2000, Mr. Peyton settled the claim for $6,000, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.

How To File A Claim Against Tim Peyton of Crown Capital Securities, L.P. (previously with National Securities Corporation, Gunnallen Financial, Inc., and Continental Broker-Dealer Corp.) To Get Your Money Back

If you have questions about Tim Peyton, Crown Capital Securities, L.P., National Securities Corporation, Gunnallen Financial, Inc., Continental Broker-Dealer Corp., 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.

Did You Lose Money Because of Harry Barth?

Filed: October 30, 2023

Harry Barth has been the subject of two (2) 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 Harry Michael Barth.

Who Is Harry Michael Barth of Secura Financial and Crown Capital Securities, L.P.?

• Advisor Name: Harry Michael Barth
• Aliases: Harry Barth
• CRD: 13891
• Location: Orange, California
• Current Employer: Secura Financial and Crown Capital Securities, L.P.
• Previous Firms: J.W. Cole Advisors, Inc. and Financial Advisers of America, LLC
• Number of Known Customer Complaints: 2
• Can Harry Barth Be Sued: Yes, in Private Arbitration
• Can Harry Barth’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $4,000,000
• Highest Settlement: $300,000

If you have suffered investment losses by Harry Barth, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Harry Barth For Broker Misconduct

As of this publication date, Harry Barth has been the subject of 2 customer disputes. Let’s review them below.

In February 2020, a FINRA arbitration was filed against or in reference to Harry Barth by a customer of LPL Financial LLC alleging claims, including suitability, for investments made in illiquid products. Per the customer, he/she lost over $4,000,000 because of Mr. Barth’s actions. On June 7, 2021, Mr. Barth settled the claim for $300,000, and some or all of this amount may have been paid by Mr. Barth’s employer and/or insurance carrier.

In September 1987, a complaint was filed against or in reference to Harry Barth by a customer of H.M. Barth Financial Planners Inc (FL Corp) & Profile Investments Inc. alleging breach of contract, negligence, and gross negligence. On January 1, 1989, Mr. Barth settled the claim for $25,000, and some or all of this amount may have been paid by Mr. Barth’s employer and/or insurance carrier.

How To File A Claim Against Harry Barth of Secura Financial and Crown Capital Securities, L.P. (previously with J.W. Cole Advisors, Inc. and Financial Advisers of America, LLC) To Get Your Money Back.

If you have questions about Harry Barth, Secura Financial, Crown Capital Securities, L.P., J.W. Cole Advisors, Inc., Financial Advisers of America, LLC, 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.