Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Hiss (Hiss), currently associated with Ifp Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Hiss recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $200,000.00 on November 04, 2024.
Client alleges Mr. Hiss improperly recommended a high-risk, speculative alternative investments, namely, GWG Holdings, Inc. and that Mr. Hiss represented that GWG bonds were conservative investments appropriate with their investment objectives and that the bonds would pay consistent interest. Both firm and representative deny the claim(s) and intend to rigorously contest the matter.
