Denny Haywood Investigation
September 2024- Land O’ Lakes, FL
The FINRA records of Dennis “Denny” Haywood , a stockbroker previously with Crown Capital Securities, Inc. broker discloses a 10 prior customer disputes and a pending customer disputes.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
From April of 2020 to February of 2022, ten FINRA arbitrations were filed by customers of Haywood and Crown Capital Securities alleging, among other things: lack of adequate due diligence, negligence and misrepresentations and omissions of material facts in regards to transactions, poor recommendations, lack of suitability, material misrepresentations, violation of fiduciary obligations and breach of contract. These cases were collectively settled for more than $500,000.
In recently filed FINRA case #24-00606, a Crown Capital Securities customer alleges that Haywood made unsuitable recommendations in regard to transactions in alternative investments (oil & gas), and negligence . The alleged damages in this case are $100,000 and the case is currently pending.
Haywood was employed with Crown Capital Securities from March 2013 until 2022. Before that time he was with Barndollar Advisory, Barndollar Financial and Newport Coast Securities. Haywood discloses a business affiliation with Pure Path Wealth Management. See this link for posting on Hobby Barndollar, another registered investment advisor at Purepath Wealth Management.
If you have losses in an account handled by Dennis Haywood contact us for a no charge consultation to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney, at no cost to you.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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