Avantax Investment Services, Inc. broker Devin Carey (CRD# 5413012) is accused of unsuitable investment recommendations. He has been registered with Avantax Investment Services, Inc. in Oxnard, California, since 2007, Avantax Planning Partners, Inc. in Oxnard, California, since 2021, and Avantax Advisory Services in Oxnard, California, since 2008.
Devin Carey Customer Complaints
He has been the subject of two customer complaints between 2022 and 2024, according to his CRD report:
April 2024. “Customers alleged the representative recommended an unsuitable investment.” The customer is seeking $125,000 in damages, and the case is currently pending. The complaint was regarding direct investments, and it took place while he was registered with Avantax Investment Services, Inc.
January 2022. “The Statement of Claim alleges the financial professional recommended an investment that was unsuitable for his customer.” The customer sought $85,000 in damages, and the case was settled for $41,000. The complaint was regarding direct investments, and it took place while he was registered with Avantax Investment Services, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Avantax Investment Services, Inc. may be liable for investment or other losses suffered by Devin Carey’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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