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Alex King Allegedly Made Misrepresentations

Alex King (CRD #: 5842211), a broker registered with PHX Financial, is involved in an investor dispute, according to his BrokerCheck record, accessed on June 13, 2025. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On May 16, 2025, an investor alleged that Alex King engaged in negligence and misrepresentation. They seek $500,000 in damages in this pending dispute.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

What is broker negligence?

Many types of broker misconduct may qualify as negligence, including unsuitable investment recommendations, failure to supervise, and excessive trading.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

Background Information

Alex King has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Securities Agent State Law Examination – Series 63

Alex King is a registered broker in 45 states and the District of Columbia.

He has also worked for National Securities Corporation (CRD#:7569).

Kurta Law Can Help

If you worked with Alex King and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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