Coastal Equities Pays Customer For Bad Recommendations
Katherine Salome Horgan of Needham Massachusetts a stockbroker formerly employed by Coastal Equities Inc. and investment adviser representative of Heritage Wealth Management Inc. is the subject of a customer initiated investment related written complaint which settled for $40,000.00 on February 21, 2018 supported by accusations that Horgan placed stock transactions in the customer’s account that were not suitable for the customer because they failed to conform to the customer’s objectives for investing.
Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that on February 7, 2018, a customer initiated investment related complaint regarding Horgan’s conduct was resolved for $56,334.00 in damages based upon allegations that Horgan placed the customer in inappropriate equity investments, failing to consider the customers investment goals.
Horgan’s registration with Coastal Equities Inc. has been terminated as of March 29, 2017.
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
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