A Look at Broker Kenneth New's BrokerCheck
Broker Kenneth New (CRD# 2836918) currently is registered at Arete Wealth Advisors LLC, in Merritt Island, Florida. New has four customer disputes reported on his BrokerCheck.
For example, one customer dispute alleges misrepresentation and omission of material fact; violation of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder; violation of the Florida Securities and Investor Protection Act; violations of FINRA Rules 2010 and 2020; negligent misrepresentations and omissions, unsuitable recommendations, violation of FINRA Rules 2111 and 2020; lack of reasonable basis to recommend, violations of FINRA Rues 2111 and 2020; breach of fiduciary duty; failure to supervise, violation of Section 15(b)(4)(E) of the Exchange Act, and violation of FINRA Rule 3110; and vicarious liability in regards to alternative investments. The dispute alleges damages of $252,000.00.
Additionally, a settled customer dispute alleged unsuitable recommendations.
We are a Chicago-based law firm with a national practice, representing investors nationwide in seeking to recover their investment losses. The firm continues to investigate brokerage firms and brokers who have placed elderly investors, retirees and other conservative investors in unsuitable investments.
We receive the highest rankings as attorneys for quality work and ethics. We successfully have filed numerous cases against brokerage firms that sold high-risk investments, recovering more than $50 million on behalf of victimized investors. In those cases, we allege that the investment recommendations were unsuitable for our clients based on their financial situation, needs, and investment objectives.
We offer free case evaluations and handle matters on a contingency fee basis-meaning you pay no attorney's fees unless we recover compensation for you. If you have incurred investment losses with Kenneth New and would like a securities attorney to evaluate your case, please contact us
