Advisor Alert: Our Attorneys Are Investigating Karmen Dwayne Kingsmore For Investment Fraud
Did You Lose Money Because of Karmen Kingsmore?
Filed: October 25, 2023
Karmen Kingsmore currently has five (5) pending judgment/lien events. Over all, he has been the subject of five (5) pending judgment/lien events and 1 regulatory 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 Karmen Dwayne Kingsmore.
Who Is Karmen Dwayne Kingsmore?
- Advisor Name: Karmen Dwayne Kingsmore
- Aliases: Karmen Kingsmore
- CRD: 1076197
- Location: Union, South Carolina
- Current Employer: Currently Not Registered
- Previous Firms: Kovack Securities Inc., Resource Horizons Group LLC, and Centennial Capital Management, Inc.
- Number of Known Judgment/Lien Events: 5
- Number of Known Regulatory Events: 1
- Can Karmen Kingsmore Be Sued: Yes, in Private Arbitration
- Can Karmen Kingsmore’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: Unknown
If you have suffered investment losses by Karmen Kingsmore, 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 Karmen Kingsmore For Broker Misconduct
As of this publication date, Karmen Kingsmore has been the subject of 5 judgment/lien events and 1 regulatory event. Let’s review them below.
In October 2021, Karmen Kingsmore was the subject of a civil judgment or lien in the amount of $35,500.79. 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 December 2019, Karmen Kingsmore was the subject of a civil judgment or lien in the amount of $43,057.87. 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 September 2018, Karmen Kingsmore was the subject of a civil judgment or lien in the amount of $59,684.16. 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 April 2016, FINRA initiated a regulatory action against or in reference to Karmen Kingsmore. Without admitting or denying the findings, Kingsmore consented to the sanctions and to the entry of findings that Kingsmore failed to timely amend the Form U4 to disclose federal and state unsatisfied tax liens filed against Kingsmore. The findings stated that although Kingsmore provided general notice to the member firm regarding the existence of unspecified tax liens, Kingsmore failed to timely amend the Form U4 to disclose the liens.
In December 2013, Karmen Kingsmore was the subject of a civil judgment or lien in the amount of $19,488.23. 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 December 2013, Karmen Kingsmore was the subject of a civil judgment or lien in the amount of $11,555.36. 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.
How To File A Claim Against Karmen Kingsmore (previously with Kovack Securities Inc., Resource Horizons Group LLC, and Centennial Capital Management, Inc.) To Get Your Money Back.
If you have questions about Karmen Kingsmore, Kovack Securities Inc., Resource Horizons Group LLC, Centennial Capital Management, 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. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.