Did You Lose Money Because of Stewart Ginn?
Filed: February 15, 2024
Stewart Ginn (also known as Stewart Taylor and Paxton Ginn Jr.) currently has one (1) pending regular event and four (4) pending customer complaints. Overall, he has been the subject of six (6) customer complaints and one (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 Stewart Ginn.
Who Is Stewart Ginn of Independent Financial Group, LLC?
- Advisor Name: Stewart Ginn
- Aliases: Stewart Taylor, Paxton Ginn Jr.
- CRD: 4503197
- Location: Santa Maria, California
- Current Employer: Independent Financial Group, LLC
- Previous Firms: Navian Capital Securities LLC, Newbridge Securities Corporation, and Chicago Investment Group, LLC
- Number of Known Customer Complaints: 6
- Number of Known Regulatory Events: 1
- Can Stewart Ginn Be Sued: Yes, in Private Arbitration
- Can Stewart Ginn’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,618,000
- Highest Settlement: $400,000
If you have suffered investment losses by Stewart Ginn, 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 Stewart Ginn For Broker Misconduct
As of this publication date, Stewart Ginn has been the subject of 6 customer disputes and 1 regulatory event. Let’s review them below.
In December 2023, a FINRA arbitration was filed against or in reference to Stewart Ginn by a customer of Independent Financial Group, LLC alleging breach of fiduciary duty, negligence, negligent misrepresentation, negligent supervision, breach of contract, churning, excessive trading, fraud and deceit, and unfair business practices/unfair competition. Per the customer, he/she lost over $1,618,000 because of Mr. Ginn’s actions. As of this publication date, this claim remains pending.
In October 2023, a FINRA arbitration was filed against or in reference to Stewart Ginn by a customer of Independent Financial Group, LLC alleging that investment was not suitable. Per the customer, he/she lost over $250,000 because of Mr. Ginn’s actions. As of this publication date, this claim remains pending.
In October 2023, FINRA initiated a regulatory action against or in reference to Stewart Ginn for allegedly churning and excessively trading customer accounts.
In September 2023, a FINRA arbitration was filed against or in reference to Stewart Ginn by a customer of Independent Financial Group, LLC alleging that investments were not suitable in light of the claimant’s age. Per the customer, he/she lost over $1,400,000 because of Mr. Ginn’s actions. As of this publication date, this claim remains pending.
In March 2023, a FINRA arbitration was filed against or in reference to Stewart Ginn by a customer of Independent Financial Group, LLC alleging that accounts were subject to excessive commission charges. Per the customer, he/she lost over $120,000 because of Mr. Ginn’s actions. As of this publication date, this claim remains pending.
In December 2022, a FINRA arbitration was filed against or in reference to Stewart Ginn by a customer of Independent Financial Group, LLC alleging that commissions were excessive, that the investments in the client’s account were unsuitable, and that sales in her account resulted in significant profit which, in turn, created capital gains and a tax liability. Per the customer, she lost over $1,300,000 because of Mr. Ginn’s actions. On September 11, 2023, Mr. Ginn settled the claim for $400,000, and some or all of this amount may have been paid by Mr. Ginn’s employer and/or insurance carrier.
In June 2007, a complaint was filed against or in reference to Stewart Ginn by a customer of Chicago Investment Group alleging suitability and mismanagement. Per the customer, he/she lost over $8,800 because of Mr. Ginn’s actions.
How To File A Claim Against Stewart Ginn of Independent Financial Group, LLC (previously with Navian Capital Securities LLC, Newbridge Securities Corporation, and Chicago Investment Group, LLC) To Get Your Money Back
If you have questions about Stewart Ginn, Independent Financial Group, LLC, Navian Capital Securities LLC, Newbridge Securities Corporation, Chicago Investment Group, 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.
v
