Securities Lawyers Blog
Currently financial advisor Brian Gardiner (Gardiner), currently employed by brokerage firm Vanderbilt Securities, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $210,000.00 on March 19, 2025.
Claimaints allege violations of Common Law fraud, breach of fiduciary duty, negligent failure to supervise, negligence, regarding investments made in private placement offerings for First Capital, Hospitality Investors Trust and Cole Capital during 2017 to 2018.
