Investor Seeks Nearly $1 Million in Dispute with Hunter McFarlin
Hunter McFarlin (CRD #: 2838151), a broker registered with Arkadios Capital, is [involved in/subject of allegations/consequences], according to his BrokerCheck record, accessed on June 16, 2022. If you want to know more about Hunter McFarlin’s conduct as a broker, read on.
Alleged Fraud and Negligence
On April 21, 2022, an investor named Hunter McFarlin in allegations of fraud; breach of contract, including third-party breach of contract; and negligence and negligent supervision. The investor seeks $999,999 in damages in this pending dispute.
What qualifies as broker negligence?
Broker negligence can come in many forms. Common types of negligence include unauthorized trading, misrepresenting or omitting information about investments, and unsuitable investment recommendations.
Negligent supervision violates FINRA Rule 3110, which requires firms to maintain supervisory systems to ensure they remain in compliance with securities regulations.
Investors who think their broker’s negligence led to their losses may be able to recover their funds through FINRA arbitration.
Allegations of Unsuitable Investment Recommendations
Two investors filed disputes against Hunter McFarlin in 2019 and 2021, respectively, each alleging he recommended unsuitable investments. Clients collectively resolved these disputes for $110,763.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. These profiles contain information such as an investor’s age, risk tolerance, and investment goals.
Hunter McFarlin has passed the following exams:
- Series 65 – Uniform Investment Adviser Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
- Series 6 – Investment Company Products/Variable Contracts Representative Examination
Hunter McFarlin is a registered broker in eight states and a registered investment adviser in Tennessee.
He has also worked for the following firms:
- Kalos Capital (CRD#:44337)
- Kalos Management (CRD#:133025)
- NFP Securities (CRD#:42046)
- LM Financial Partners (CRD#:30958)
- MONY Securities Corporation (CRD#:4386)
- Trusted Securities Advisors (CRD#:24049)
Kurta Law Can Help
If you worked with Hunter McFarlin and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.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 and 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.