Michael Kane is the Subject of Six-Figure Disputes

Michael Kane (CRD #: 5099883), a broker registered with Hilltop Securities, is the subject of an investor dispute alleging he recommended unsuitable investments, according to his BrokerCheck record, accessed on March 6, 2023. This is not the only dispute on his record. 

On July 15, 2022, an investor alleged that Michael Kane recommended unsuitable investments, made misrepresentations, and omitted material information, in violation of FINRA rules and regulations. The investor is seeking $164,964.84 in this pending dispute. 

On October 7, 2018, an investor alleged that Michael Kane engaged in misrepresentation in fraud in connection with the sale of two structured certificates of deposit. The investor sought $235,000 but the dispute was denied by the firm. 

Investors should know that firms can deny disputes without any external review. Investors can still recover money following denial through FINRA arbitration.

What are structured products?

Structured products are a type of financial product that combine the features of a bond with a derivative component, e.g. swaps, futures, or options. The returns investors receive depend on the performance of this derivative component.

The complexity of structured products makes it vital for investors to understand their features and risks before buying in.

Background Information 

Michael Kane has passed the following exams: 

• Series 66 Uniform Combined State Law Examination 
• Series 52TO Municipal Securities Representative Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 4 Registered Options Principal Examination 
• Series 53 Municipal Securities Principal Examination 
• Series 24 General Securities Principal Examination 

He is a registered broker in 11 states and a registered investment adviser in Illinois and Texas. 

Michael Kane has registered with the following firms: 

• BBVA Wealth Solutions (CRD #: 110476) 
• BBVA Securities (CRD #: 27060) 
• Cetera Investment Advisers (CRD #: 105644) 
• Cetera Investment Services (CRD #: 15340) 
• J.P. Morgan Securities (CRD #: 79) 
• Chase Investment Services (CRD #: 25574) 
• Capital One Investments (CRD #: 17526) 

Kurta Law Can Help

If you worked with Michael Kane 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.