Advisor Alert: Our Attorneys Are Investigating Norman Todd Coates For Investment Fraud
Did You Lose Money Because of Todd Coates?
Filed: November 29, 2023
Todd Coates (also known as Norman Todd Coates) currently has two (2) pending customer complaints. Overall, he 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 Norman Todd Coates.
Who Is Norman Todd Coates of Securities America, Inc. and Securities America Advisors, Inc.?
- Advisor Name: Norman Todd Coates
- Aliases: N Todd Coates, Todd Coates
- CRD: 2453725
- Location: Tyler, Texas
- Current Employer: Securities America, Inc. and Securities America Advisors, Inc.
- Previous Firms: LPL Financial LLC and Investment Centers of America, Inc.
- Number of Known Customer Complaints: 2
- Can Norman Coates Be Sued: Yes, in Private Arbitration
- Can Norman Coates’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $125,000
- Highest Settlement: Unknown
If you have suffered investment losses by Norman Coates, 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 Todd Coates For Broker Misconduct
As of this publication date, Norman Coates has been the subject of 2 customer disputes. Let’s review them below.
In October 2023, a FINRA arbitration was filed against or in reference to Norman Coates by a customer of Investment Centers of America, Inc. and LPL Financial LLC alleging that during the time period 2016 to 2021, Mr. Coates made unsuitable investment recommendations. Per the customer, he/she lost over $125,000 because of Mr. Coates’s actions. As of this publication date, this claim remains pending.
In June 2023, a complaint was filed against or in reference to Norman Coates by a customer of Investment Centers of America, Inc. alleging that that nontraded real estate investment trusts purchased in 2016 were misrepresented. Per the customer, he/she lost over $5,000 because of Mr. Coates’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Todd Coates of Securities America, Inc. and Securities America Advisors, Inc. (previously with LPL Financial LLC and Investment Centers of America, Inc.) To Get Your Money Back.
If you have questions about Norman Coates, Securities America, Inc., Securities America Advisors, Inc., LPL Financial LLC, Investment Centers of America, 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.