Last Updated: April 2024 (Tifton, GA)
Douglas English Investigation Summary
Here’s what you need to know about Ashville, North Carolina, stockbroker Douglas English:
- Name: Mr. Douglas Barry English
- Current Employer: ACT Advisors (RIA), not currently registered with FINRA
- DBA: Doug English CFP, Scientific Investors, Carolinas Retirement Specialists, Financial Advisor Continuity
- Previous Firms: LPL Financial
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Douglas English
- Primary Location: Asheville, N. Carolina
- CRD 2532448
- Can Douglas English be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $400,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Douglas English As Your Stockbroker?
In 3/2024 a customer of ACT Advisors filed a FINRA arbitration alleging that Douglas English made unsuitable recommendations into equity listed securities and other causes of actions related to these trades between September 2021 and March 2023. Damages of $400,000 are sought in this currently pending matter.
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability -Regulation Best Interest
Allegations of Broker Misconduct Against Douglas English
A customer of Douglas English has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
[LEARN MORE]: Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & 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.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Douglas English, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
