Last Updated: February 2025, Franklin, NC
Tammie Farrell Investigation Summary
Here’s what you need to know about Franklin, NC stockbroker Tammie Farrell:
- Name: Ms. Tammie Lyn Farrell
- Current Employer: Capital Investment Advisory Services, LLC / Capital Investment Group, Inc.
- Prior Employers: Wells Fargo Advisors, LLC; First Union Brokerage Services, Inc.
- Function: Stock Broker/Financial Advisor
- Aliases: Tammie Farrell
- Primary Location: Franklin, NC
- CRD #: 2475931
- Can Tammie Farrell be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $111,399
- Pending Customer Dispute Seeks Damages of: $357,000- GWG L Bonds
If you’ve sustained damages from Ms. Farrell, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Tammie Farrell As Your Stockbroker?
FINRA arbitration case (Case No. 22-02467) was settled on October 18, 2023, where a customer alleged that investments in GWG Holdings, Inc. were unsuitable for their portfolio. The case resulted in a settlement of $111,399 with Ms. Farrell contributing $55,700.00 individually.
Key Case Details:
- Allegation: Unsuitable investment recommendations in Direct Participation Programs (DPPs) & Limited Partnerships (LPs)- GWG Holdings
- Three other settlements involving GWG investments
FINRA arbitration case (Case No. 24-00408) involves a $357,000 claim, alleging violations of federal securities laws, state securities acts, breach of contract, fraud, and negligence in connection with GWG Bond investments . This matter is pending.
Allegations of Broker Misconduct Against Tammie Farrell
Tammie Farrell has been involved in multiple customer disputes, with allegations including:
- Unsuitable Investment Recommendations – Customers claim that Ms. Farrell recommended investments in GWG Holdings, Inc. L-Bonds, which later filed for bankruptcy, violating FINRA Rule 2111 (Suitability Rule).
- Breach of Fiduciary Duty and Negligence – Allegations suggest that Farrell failed to act in the best interests of clients when recommending investments, potentially violating Regulation Best Interest (Reg BI).
- Failure to Disclose Risks – Investors alleged that they were not properly informed about the risks of investing in Direct Participation Programs (DPPs) and Limited Partnerships (LPs), raising concerns under FINRA Rule 2210 (Communications with the Public).
With seven customer disputes, including three settled cases and four pending cases, these allegations highlight serious misconduct claims against Ms. Farrell.
Other Investigations of GPB Holdings
How to recover losses on GWG Bonds-UPDATE
Overwhelmed by GWG Losses Some Broker Dealers Are Shutting Down
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Capital Investment Group brokers
If you have suffered investment losses in an account handled by Tammie Farrell, 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.