Erez Law is currently investigating Money Concepts Capital Corp broker Tally Lykins (CRD# 2439455) regarding investment losses. He has been registered with Money Concepts Advisory Service and Money Concepts Capital Corp in Columbus, Indiana, since 2023. He was registered with Grove Point Investments, LLC in Columbus, Indiana, from 2010 to 2022, and JCD Investments, LLC in Columbus, Indiana, from 2009 to 2022.
In October 2008, the state of Indiana ordered him to pay $40,000 in restitution, following allegations that he “engaged in dishonest and unethical practices in the securities industry.”
Tally Lykins Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
August 2025. “Personal Representatives of estate of deceased customer alleges negligence, breach of contract, negligent misrepresentation, violation of state and federal securities laws, and elder abuse in connection with investments purchased by the customer. Children of deceased client, who are personal representatives of her estate, allege unsuitability, negligence, and violation of the Indiana Elder Consumer Protection law arising out of the deceased client’s purchase of illiquid investments.” The case is currently pending. The complaint was regarding a Delaware Statutory Trust (DST).
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, Money Concepts Capital Corp may be liable for investment or other losses suffered by Tally Lykins’ 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.
"*" indicates required fields
