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Larry Stringer Allegedly Recommended Unsuitable Investment

Dec 30, 2022 Unsuitable Investments

Larry Stringer (CRD #: 1996822), a broker registered with Capital Investment Group, allegedly gave an unsuitable investment recommendation, according to his BrokerCheck record, accessed on December 26, 2022. Investors may have also engaged his services through Capital Investment Advisory Services. Read on to learn more about his alleged conduct as a broker.

Investor Dispute

On November 7, 2022, an investor filed a dispute alleging Larry Stringer recommended an unsuitable investment product. The client seeks $50,000 in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles, which describes the following investor characteristics:

  • Age
  • Financial goals
  • Risk tolerance
  • Time horizon (i.e., how long the investment will be held)
  • Investing experience
  • Tax status

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

Background Information

Larry Stringer 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
  • Series 24 – General Securities Principal Examination

Larry Stringer is a registered broker in 24 states and a registered investment adviser in North Carolina.

He has also worked for the following firms:

  • American Portfolios Financial Services (CRD#:18487)
  • Regal Investment Advisors (CRD#:125004)
  • American Portfolios Advisors (CRD#:112697)
  • KCD Financial. (CRD#:127473)
  • Triad Advisors (CRD#:25803)
  • Washington Square Securities (CRD#:2882)
  • AMEV Investors (CRD#:421)

Kurta Law Can Help

If you worked with Larry Stringer 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 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.