Last Updated: October 2023 (Tyler, TX)
Todd Coates Investigation Summary
Here’s what you need to know about Tyler, TX, stockbroker Norman Todd Coates:
- Name: Mr. Norman Todd Coates
- Current Employer: Securities America
- DBA: Navigation Financial Group
- Previous Firms: LPL Financial, Investment Centers of America, Capital One Financial Advisors
- Function: Stock Broker/ Financial Advisor
- Aliases: N. Todd Coates, Todd Coates
- Primary Location: Tyler, Texas
- CRD 2453725
- Can Todd Coates be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Unspecified Damages
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Todd Coates As Your Stockbroker?
In 6/2023 a customer of Investment Centers of America filed a FINRA arbitration alleging that non publicly traded real estate investment trusts (REITs) were misrepresented by Todd Coates. Damages are not specified in this currently pending matter.
Allegations of Broker Misconduct Against Todd Coates
A customer of Todd Coates has alleged the following wrongdoing in connection with the handling of customer accounts:
- Misrepresented real estate investment trusts (REITs)
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
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 Todd Coates, 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.
