Advisor Alert: Our Attorneys Are Investigating Mark E Young For Investment Fraud
Did You Lose Money Because of Mark Young?
Filed: October 26, 2023
Mark Young 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 Mark E Young.
Who Is Mark E Young of Osaic Wealth, Inc.?
- Advisor Name: Mark E Young
- Aliases: Mark Young
- CRD: 1800687
- Location: Topeka, Kansas
- Current Employer: Osaic Wealth, Inc.
- Previous Firms: Investment Advisors Asset Management, LLC, BTS Asset Management, Inc., and Investment Advisors & Consultants, Inc.
- Number of Known Customer Complaints: 1
- Can Mark Young Be Sued: Yes, in Private Arbitration
- Can Mark Young’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $6,490,412.52
- Highest Settlement: $3,000,000
If you have suffered investment losses by Mark Young, 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 Mark Young For Broker Misconduct
As of this publication date, Mark Young has been the subject of 2 customer disputes. Let’s review them below.
In September 2021, a FINRA arbitration was filed against or in reference to Mark Young by a customer of Royal Alliance Associates, Inc. alleging misrepresentation and unsuitability with regard to a private investment fund in 2015 to 2017. Per the customer, he/she lost over $4,179,859.03 because of Mr. Young’s actions. On May 13, 2022, Mr. Young settled the claim for $1,850,000, and some or all of this amount may have been paid by Mr. Young’s employer and/or insurance carrier.
In August 2020, a FINRA arbitration was filed against or in reference to Mark Young by a customer of Royal Alliance Associates, Inc. alleging misrepresentation and unsuitability with regard to placements in a private investment fund. Per the customer, he/she lost over $6,490,412.52 because of Mr. Young’s actions. On April 8, 2021, Mr. Young settled the claim for $3,000,000, and some or all of this amount may have been paid by Mr. Young’s employer and/or insurance carrier.
How To File A Claim Against Mark Young of Osaic Wealth, Inc. (previously with Investment Advisors Asset Management, LLC, BTS Asset Management, Inc., and Investment Advisors & Consultants, Inc.) To Get Your Money Back.
If you have questions about Mark Young, Osaic Wealth, Inc., Investment Advisors Asset Management, LLC, BTS Asset Management, Inc., Investment Advisors & Consultants, 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.