Karen Cunningham Investigation
February 2023- Oklahoma City, OK
According to publicly available records Karen Shaw Cunningham, a broker employed by Kestra Advisory Services, discloses a pending customer dispute.
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.
In 8/2022, a Kestra Investment Services customer filed case #CJ-2022-366 State Court, District Court of Oklahoma County alleging that Cunningham knowingly made an unsuitable recommendation to a Trust that the claimaint believes was not a sophisticated investor and the recommendations did not meet her investment objectives. The alleged damages are $150,000. The case is still pending.
Cunningham has been employed with Kestra Advisory/Investment Services since 8/2016. Before that time she was with NFP Securities, Inc.
If you have questions about an investment account with Karen Shaw Cunningham , call 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.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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