Dennis Haywood Facing Allegations of Six-Figure Investor Losses

Dennis Haywood (CRD #: 5850275), a broker registered with Crown Capital Securities in Land O’Lakes, Florida, has settled a new investor dispute. As of August 17, 2021, Haywood has six additional pending disputes on BrokerCheck record.

On June 15, 2021, investors alleged that Dennis Haywood made a poor recommendation that led to losses. That dispute has been settled.

Pending Investor Disputes

On April 14, 2021, investors alleged that Dennis Haywood recommended unsuitable investments and made material misrepresentations. They further alleged he failed to perform his due diligence regarding the purchase of alternative investments. The investor is seeking $330,000; the dispute is pending.

On July 28, 2020, an investor alleged that Denni Haywood failed to perform his due diligence and made misrepresentations regarding a non-traded Real Estate Investment Trust (REIT). These are always riskier than traditional REITs.

There is another dispute from less than a week prior. On July 23, 2020, investors alleged that Dennis Haywood failed to perform his due diligence before recommending risky non-traded REITS and a non-traded Business Development Company. They further alleged he omitted material facts. The investors are seeking $40,000; the dispute is pending.

On May 4, 2020, an investor alleged that Dennis Haywood recommended unsuitable non-traded REITs, non-traded BDCs, and a variable annuity contract. They further alleged that Haywood misrepresented the associated risks of these types of investments. The investor is seeking $250,000; the dispute is pending.

On April 9, 2020, an investor alleged that Dennis Haywood recommended unsuitable investments and failed to perform his due diligence regarding two alternative investments. The investor is seeking $100,100; the dispute is pending.

Settled Investor Disputes

There are two other settled disputes on Dennis Haywood’s record:

On May 13, 2020, investors alleged that Dennis Haywood sold them alternative investments that underperformed. The dispute settled for $160,000.

Just one month earlier, on April 13, 2020, an investor alleged that Dennis Haywood made unsuitable recommendations when he recommended four alternative investments. The investor sought $400,0000; the dispute settled for $95,000.

Dennis Haywood Background Information

Dennis Haywood has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination
• Securities Industry Essentials Examination
• Series 7 General Securities Representative Examination

He is a registered broker and investment adviser in Florida.

Dennis Haywood has passed the following exams:

• Crown Capital Securities (CRD #: 6312)
• Purepath Wealth Management (CRD #: 168247)
• Newport Coast Securities (CRD #: 16944)

Kurta Law Can Help

If you worked with Dennis Haywood and you have concerns about your investments, contact Kurta Law today. Call 877-600-0098 or email jkurta@kurtalawfirm.com.