Advisor Alert: Our Attorneys Are Investigating Tim Paul Peyton For Investment Fraud
Did You Lose Money Because of Tim Peyton?
Filed: February 9, 2024
Tim Peyton currently has one (1) pending judgment/lien event. Overall, he has been the subject of six (6) customer complaints and one (1) judgment/lien 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 Tim Paul Peyton.
Who Is Tim Paul Peyton of Crown Capital Securities, L.P.?
- Advisor Name: Tim Paul Peyton
- Aliases: Tim Peyton
- CRD: 1773817
- Location: Gretna, Louisiana
- Current Employer: Crown Capital Securities, L.P.
- Previous Firms: National Securities Corporation, Gunnallen Financial, Inc., and Continental Broker-Dealer Corp.
- Number of Known Customer Complaints: 6
- Number of Known Judgment/Lien Events: 1
- Can Tim Peyton Be Sued: Yes, in Private Arbitration
- Can Tim Peyton’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $750,000
- Highest Settlement: $245,000
If you have suffered investment losses by Tim Peyton, 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 Tim Peyton For Broker Misconduct
As of this publication date, Tim Peyton has been the subject of 6 customer disputes and 1 judgment/lien event. Let’s review them below.
In September 2023, Tim Peyton was the subject of a civil judgment or lien in the amount of $8,669.85. 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 January 2022, a FINRA arbitration was filed against or in reference to Tim Peyton by multiple customers of Crown Capital Securities, L.P. alleging lack of suitability and failure to conduct proper due diligence as it relates to the purchase of two alternative investment products. They further allege over concentration and the failure to disclose the risk factors of the investment products in question. Per the customers, they lost over $750,000 because of Mr. Peyton’s actions. On January 18, 2024, Mr. Peyton settled the claim for $245,000, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.
In July 2002, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging unauthorized trading, unsuitable investments and failure to follow instructions with respect to the investments purchased in the client’s account. 2000-200. Per the customer, he lost over $48,000 because of Mr. Peyton’s actions.
In December 2001, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging unauthorized trading, unauthorized use of margin, unsuitability and misrepresentation – 5/98 through 9/7/01.
In May 2001, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging churning. On June 3, 2002, Mr. Peyton settled the claim for $17,000, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.
In August 2000, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging that there were trades executed in the client’s account that were unauthorized, unsuitable and not in accordance with the client’s instructions on what types of securities to purchase for him. Per the customer, he lost over $24,500 because of Mr. Peyton’s actions. On October 31, 2002, Mr. Peyton settled the claim for $16,435.66, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.
In September 1999, a complaint was filed against or in reference to Tim Peyton by a customer of Salomon Smith Barney alleging that OTC stock was unsuitable investment for the client’s retirement account. On May 9, 2000, Mr. Peyton settled the claim for $6,000, and some or all of this amount may have been paid by Mr. Peyton’s employer and/or insurance carrier.
How To File A Claim Against Tim Peyton of Crown Capital Securities, L.P. (previously with National Securities Corporation, Gunnallen Financial, Inc., and Continental Broker-Dealer Corp.) To Get Your Money Back
If you have questions about Tim Peyton, Crown Capital Securities, L.P., National Securities Corporation, Gunnallen Financial, Inc., Continental Broker-Dealer Corp., 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.