Advisor Alert: Our Attorneys Are Investigating Travis Lynn Riggs For Investment Fraud
Did You Lose Money Because of Travis Riggs?
Filed: March 13, 2024
Travis Riggs has been the subject of six (6) 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 Travis Lynn Riggs.
Who Is Travis Lynn Riggs?
- Advisor Name: Travis Lynn Riggs
- Aliases: Travis Riggs
- CRD: 4334801
- Location: Bentonville, Arkansas
- Current Employer: Currently Not Registered
- Previous Firms: Equitable Advisors, LLC
- Number of Known Customer Complaints: 6
- Can Travis Riggs Be Sued: Yes, in Private Arbitration
- Can Travis Riggs’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,001
- Highest Settlement: $50,000
If you have suffered investment losses by Travis Riggs, 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 Travis Riggs For Broker Misconduct
As of this publication date, Travis Riggs has been the subject of 2 customer disputes. Let’s review them below.
In December 2023, a complaint was filed against or in reference to Travis Riggs by multiple customers of Equitable Advisors, LLC alleging that they were overcharged advisory fees by Mr. Riggs.
In December 2023, a complaint was filed against or in reference to Travis Riggs by multiple customers of Equitable Advisors, LLC alleging that they were overcharged advisory fees by Mr. Riggs. Per the customers, they lost over $64,781.68 because of Mr. Riggs’s actions.
In August 2023, a complaint was filed against or in reference to Travis Riggs by multiple customers of Equitable Advisors, LLC alleging that the fees charged on their advisory accounts were higher than originally agreed upon with Mr. Riggs. Per the customers, they lost over $28,023.88 because of Mr. Riggs’s actions. On November 8, 2023, Mr. Riggs settled the claim for $28,023.88.
In May 2023, a complaint was filed against or in reference to Travis Riggs by multiple customers of Equitable Advisors, LLC alleging concerns with fees associated with their accounts. Per the customers, they lost over $23,732.11 because of Mr. Riggs’s actions. On June 1, 2023, Mr. Riggs settled the claim for $23,732.11.
In December 2020, a FINRA arbitration was filed against or in reference to Travis Riggs by a customer of Equitable Advisors, LLC alleging that Mr. Riggs made unsuitable recommendations of investments within the client’s IRA. On March 22, 2022, Mr. Riggs settled the claim for $42,500, and some or all of this amount may have been paid by Mr. Riggs’s employer and/or insurance carrier.
In February 2020, a FINRA arbitration was filed against or in reference to Travis Riggs by a customer of AXA Advisors, LLC alleging that the REIT he purchased in 2014 was not suitable for his needs and that he was not properly informed of the risks. Per the customer, he lost over $100,001 because of Mr. Riggs’s actions. On June 8, 2022, Mr. Riggs settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Riggs’s employer and/or insurance carrier.
How To File A Claim Against Travis Riggs (previously with Equitable Advisors, LLC) To Get Your Money Back
If you have questions about Travis Riggs, Equitable Advisors, 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.