Rex Securities Law Investment Fraud Attorney Investigates Samuel Phillips, Jr. with Cape Securities

Rex Securities Law Investment Fraud Attorney Investigates Samuel Phillips, Jr. with Cape Securities

Rex Securities Law Investment Fraud Attorney Investigates Samuel Phillips, Jr. with Cape Securities 150 150 Robert Rex, Esq.

Last Updated: August 2023 (McDonough, GA )

Samuel Phillips, Jr. Investigation Summary

Here’s what you need to know about McDonough, GA, stockbroker Samuel Phillips, Jr:

  • Name: Mr. Samuel Bruce Phillips, Jr.
  • Current Employer: Cape Securities, Inc.
  • Previous Firms: American Global Wealth Management inc., Ameritas Investment Corp.
  • Function: Stock Broker/ Financial Advisor
  • Aliases: None
  • Primary Location: McDonough, GA
  • CRD 2239471
  • Can Samuel Bruce Phillips, Jr. be sued in FINRA arbitration: Yes
  • Sanctioned by FINRA: No
  • Has Pending Customer Dispute Which Seeks Damages of $100,000

Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.

Did You Lose Money With Samuel Phillips, Jr. As Your Stockbroker?

Samuel Bruce Phillips, Jr.has a pending customer complaint for alleged broker misconduct.

In 1/2023 a customer of Cape Securities filed a FINRA arbitration alleging that Samuel Phillips, Jr. made a recommendation that the customer exchange investment real estate for a 1031 DST Exchange issue known as DST Skyloft DST. The customer alleges it was an unsuitable investment and that inadequate due diligence was done. The customer seeks damages of $100,000.

Allegations of Broker Misconduct Against Samuel Phillips, Jr.

A customer of Samuel Bruce Phillips, Jr. has alleged the following wrongdoing in connection with the handling of customer accounts:

  • Failure to perform adequate due diligence
  • Misrepresentation
  • Unsuitable Investment Recommendation

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 Samuel Bruce Phillips, Jr., contact us for a complimentary consultation with an experience 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.

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