Investors Accuse National Planning Of Excessive Trading

Karl Thomas Crytser of Trenton New Jersey a stockbroker formerly registered with National Planning Corporation is referenced in a customer initiated investment related written complaint on August 25, 2015 in which the customer requested $27,000.00 in damages based upon allegations that (1) unsuitable mutual fund trades were effected in the customer’s account (2) transactions were executed on an excessive basis and (3) the customer was provided adequate information about the terms and conditions of her purchased investments.

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Crytser is referenced in two more customer initiated investment related disputes pertaining to accusations of Crytser’s misconduct. In particular, on August 24, 2004, a customer filed an investment related complaint concerning Crytser’s activities where the customer sought unspecified damages founded on allegations that Crytser failed to abide by the customer’s instructions, causing the customer to incur financial losses.

Then, a customer initiated investment related arbitration claim concerning Crytser’s activities was resolved for $45,000.00 in damages based upon accusations that Crytser negligently managed the customer’s account, making unsuitable investment recommendations to the customer concerning variable annuities, mutual funds, and a conversion to a Roth IRA. National Association of Securities Dealers (NASD) Arbitration No. 06-03779 (Nov. 7, 2007).

Crytser’s registration with National Planning Corporation has been terminated as of November 10, 2017. Since November 6, 2017, Crytser has been employed by Securities America, Inc.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer

Guiliano Law Group

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com