It’s no small matter when a client’s trust is violated, especially when it comes to their hard-earned money. This is the crux of a serious allegation against King Cavalier, a financial advisor (FA) with Raymond James Financial Services, Inc. The allegation, now under investigation by Haselkorn & Thibaut, a national investment fraud law firm, stems from a former client’s claim that her funds were improperly invested, resulting in a loss of $80,000.
Understanding the Allegation
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The client alleges that she had informed her FA, King Cavalier, of her plan to use a specified amount from her investment account to purchase a home in the short term. However, she claims that Cavalier improperly invested those funds in stocks and US Treasury bonds, which led to the financial loss. It’s important to note that the client’s accounts were managed by another FA at Raymond James, to whom she had given discretionary trading authority. Cavalier, in his defense, maintains that he played a limited role in the client’s relationship with the firm and did not manage or trade in her accounts.
Investigating the Matter
Haselkorn & Thibaut, a firm that specializes in investment fraud, is now investigating the case. With offices spread across Florida, New York, North Carolina, Arizona, and Texas, the firm has a strong track record in helping investors recover losses. Boasting over 50 years of experience in the field, Haselkorn & Thibaut has a stellar 98% success rate, making them a formidable force in the fight against investment fraud.
FINRA Arbitration: An Avenue for Recovery
Investors who find themselves in situations like these do have recourse. The Financial Industry Regulatory Authority (FINRA) Arbitration can be a viable avenue to recover losses. Haselkorn & Thibaut, with their extensive experience and expertise, can guide clients through this process, increasing the chances of a successful financial recovery.
How Haselkorn & Thibaut Can Help
For those affected, Haselkorn & Thibaut offers a free consultation at 1-800-856-3352. What’s more, they operate on a “No Recovery, No Fee” policy, which means clients will not be charged unless the firm successfully recovers their losses. This approach demonstrates their confidence in their ability to help clients get their money back.
In conclusion, while the allegations against King Cavalier are serious, it’s crucial to remember that help is available. With Haselkorn & Thibaut’s investigation underway and their commitment to helping investors recover losses, affected clients can find solace and, hopefully, a resolution.
