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Michael McMahon Filed for Bankruptcy 

Feb 1, 2022 Unsuitable Investments

Michael McMahon (CRD #:4166570), a broker registered with SW Financial, filed for bankruptcy on October 21, 2021, according to his BrokerCheck record,  accessed on January 20, 2022. 

Prior Disputes 

Between 2009 and 2015, Michael McMahon faced 14 settled investor disputes. The allegations include breach of fiduciary duty, breach of contract, negligence, misrepresentation, and unsuitability. All cases were collectively settled for $2,133,450. 

Michael McMahon’s unethical conduct violates FINRA Rule 2010, which states that brokers must uphold high standards of commercial honor.  

“Suitability” is the term used to describe an enforceable standard for investment advisers. An investment is only considered “suitable” if it meets the suitability criteria outlined in FINRA Rule 2111.  

Background Information 

Michael McMahon has passed the following exams: 

  • Series 63 – Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 – General Securities Representative Examination 

Michael McMahon is a registered broker in nine states.  

He has also worked with the following firms: 

  • Worden Capital Management (CRD#:148366) 
  • Four Points Capital Partners (CRD#:43149) 
  • National Securities Corporation (CRD#:7569) 
  • Woodstock Financial Group. (CRD#:38095)

 Kurta Law Can Help 

If you have worked with Michael McMahon and have concerns about your investments, don’t hesitate to contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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.  

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