GF Investment Services Accused Of Selling Unregistered Securities
Christopher Grant Conness of Fort Lauderdale Florida a stockbroker formerly employed by G.F. Investment Services LLC is the subject of a customer initiated investment related written complaint on May 16, 2018 in which the customer requested $100,001.00 in damages founded on allegations that Conness and GF Investment Services LLC permitted or otherwise failed to prevent an unauthorized person’s sale of an unregistered security to the customer causing the customer losses. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-01871 (Oct. 24, 2018).
FINRA Public Disclosure reveals that Conness has been identified in two additional customer initiated investment related disputes containing accusations of his violative conduct while employed with G.F. Investment Services LLC. In particular, on December 7, 2016, a customer filed an investment related complaint involving Conness’ conduct where the customer sought more than $5,000.00 in damages based upon allegations that bad real estate investment trust and fixed annuity products had been sold to the customer.
Thereafter, a customer initiated investment related arbitration claim regarding Conness’ conduct was settled for $10,000.00 in damages supported by accusations that the customer’s account was negligently handled, and fiduciary obligations had been breached with regard to alternative investments, including real estate securities, sold to the customer. FINRA Arbitration No. 18-00798 (Feb. 1, 2019).
Conness’ registration with G.F. Investment Services LLC has been terminated as of August 8, 2017. Since August 7, 2017, Conness has been associated with Madison Avenue Securities LLC.