Investment disputes can be a real headache, but when it comes to the recent allegations against Luke Johnson of COASTAL EQUITIES, INC. and PRIME CAPITAL INVESTMENT ADVISORS, LLC, the situation takes a serious turn. The allegations are not to be taken lightly, as customers claim unsuitable investments were made on their behalf, totaling a staggering $117,922.90. The dispute, currently pending, has caught the attention of the esteemed law firm, Haselkorn & Thibaut, who are now investigating the matter.
Breaking Down the Allegations
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The crux of the matter lies in the customers’ claim of unsuitable investments. In layman’s terms, this means the advisor, in this case, Luke Johnson, may have recommended or made investments that weren’t in the best interest of the clients. This could be due to a variety of factors such as the risk tolerance of the client, their financial situation, or their investment objectives. It’s a serious allegation that questions the integrity of the advisor and the company they represent.
Haselkorn & Thibaut to the Rescue
Enter Haselkorn & Thibaut, a national investment fraud law firm with a sterling reputation and offices in Florida, New York, North Carolina, Arizona, and Texas. With over 50 years of experience under their belt, they’ve successfully recovered financial losses for investors time and time again. Their success rate? An impressive 98%. Now, they’re stepping in to investigate the allegations against Luke Johnson and the companies he’s been associated with.
- COASTAL EQUITIES, INC. (CRD 23769) from 04/03/2012 to 12/13/2019
- PRIME CAPITAL INVESTMENT ADVISORS, LLC (CRD 288712) from 01/29/2020 to 03/02/2023
What’s more, Haselkorn & Thibaut is offering free consultation to the clients who have been affected. Just give them a call at 1-800-856-3352. And the cherry on top? Their “No Recovery, No Fee” policy, which assures you that you won’t have to pay a dime unless they can recover your losses.
FINRA Arbitration: A Beacon of Hope
But wait, there’s more good news for investors. The FINRA Arbitration process can also help investors recover losses. FINRA, or the Financial Industry Regulatory Authority, provides an arbitration platform where disputes between investors and brokers can be resolved. It’s an alternative to litigation that is typically quicker and less expensive, making it a viable option for investors seeking to recover their losses.
With Haselkorn & Thibaut on the case and the possibility of FINRA Arbitration, there’s a silver lining for the customers who have allegedly been wronged. It’s a stark reminder that in the world of investments, vigilance is key, and when things go south, there are professionals ready to step in and fight for your rights.
