Advisor Alert: Our Attorneys Are Investigating Kevin Todd Canterbury For Investment Fraud
Did You Lose Money Because of Kevin Canterbury?
Filed: February 19, 2024
Kevin Canterbury currently has one (1) pending customer complaint. Overall, he has been the subject of four (4) 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 Kevin Todd Canterbury.
Who Is Kevin Todd Canterbury?
- Advisor Name: Kevin Todd Canterbury
- Aliases: Kevin T Canterbury
- CRD: 4939385
- Location: Scottsdale, Arizona
- Current Employer: Currently Not Registered
- Previous Firms: Coastal Equities, Inc., Mutual Securities, Inc., and Northwestern Mutual Investment Services LLC
- Number of Known Customer Complaints: 4
- Can Kevin Canterbury Be Sued: Yes, in Private Arbitration
- Can Kevin Canterbury’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $300,000
- Highest Settlement: $52,140.47
If you have suffered investment losses by Kevin Canterbury, 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 Kevin Canterbury For Broker Misconduct
As of this publication date, Kevin Canterbury has been the subject of 4 customer disputes. Let’s review them below.
In July 2023, a FINRA arbitration was filed against or in reference to Kevin Canterbury by multiple customers of Coastal Equities, Inc. alleging unsuitable investments. Per the customers, they lost over $100,000 because of Mr. Canterbury’s actions. As of this publication date, this claim remains pending.
In June 2020, a FINRA arbitration was filed against or in reference to Kevin Canterbury by multiple customers of Coastal Equities, Inc. alleging that Mr. Canterbury made unsuitable recommendations of alternative investments purchased from 2014-2016. Per the customers, they lost over $300,000 because of Mr. Canterbury’s actions. On May 3, 2021, Mr. Canterbury settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Canterbury’s employer and/or insurance carrier.
In July 2019, a FINRA arbitration was filed against or in reference to Kevin Canterbury by a customer of Coastal Equities, Inc. alleging that Mr. Canterbury made unsuitable recommendations in securities, notwithstanding the client’s signature on each disclosure document attesting that, among other things, she was an accredited investor, understood the risks of the investments, understood the products may have no liquidity, and that she received, read, and understood the prospectus or PPM for each investment at issue. Per the customer, she lost over $300,000 because of Mr. Canterbury’s actions. On May 3, 2021, Mr. Canterbury settled the claim for $52,140.47, and some or all of this amount may have been paid by Mr. Canterbury’s employer and/or insurance carrier.
In October 2018, a FINRA arbitration was filed against or in reference to Kevin Canterbury by a customer of Coastal Equities, Inc. alleging that Mr. Canterbury made unsuitable recommendations of alternative investments purchased in 2013 and 2016. Per the customer, he/she lost over $150,000 because of Mr. Canterbury’s actions. On February 13, 2020, Mr. Canterbury settled the claim for $60,000, and some or all of this amount may have been paid by Mr. Canterbury’s employer and/or insurance carrier.
How To File A Claim Against Kevin Canterbury (previously with Coastal Equities, Inc., Mutual Securities, Inc., and Northwestern Mutual Investment Services LLC) To Get Your Money Back
If you have questions about Kevin Canterbury, Coastal Equities, Inc., Mutual Securities, Inc., Northwestern Mutual Investment Services 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.