Investor Files Dispute Against Matthew Boehm and Lion Street Financial
Matthew Boehm (CRD #: 4418029), a broker registered with Woodbury Financial Services, is named in a pending dispute, according to his BrokerCheck record, accessed on February 15, 2023. Read on to learn more about his alleged conduct as a broker.
On January 31, 2023, an investor named Matthew Boehm and Lion Street Financial in allegations of misrepresentation and failure to supervise with regard to an unsuitable purchase of $50,000 in GWG Holdings L Bonds. An arbitration was previously filed in August 2022. The client seeks $75,000 in this pending dispute.
FINRA Rule 2020
FINRA Rule 2020 prohibits the use of deception, manipulation, and other fraudulent tactics to influence investors’ decisions. This includes the misrepresentation or omission of information related to investments, such as their risks, requirements, or limitations.
FINRA Rule 3110
FINRA Rule 3110 requires that firms establish supervisory systems designed to detect and prevent violations of securities regulations. Among other things, firms must appoint supervisors and ensure that they have the appropriate training or experience.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. An investor’s profile includes information about their age, tax status, and financial goals.
Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.
Matthew Boehm 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
Matthew Boehm is a registered broker in eight states and a registered investment adviser in Illinois and Texas.
He has also worked for the following firms:
- Lion Street Advisors (CRD#:167610)
- Lion Street Financial (CRD#:165828)
- Woodbury Financial Services (CRD#:421)
Kurta Law Can Help
If you worked with Matthew Boehm and you have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org 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.