Erez Law is currently investigating Arque Capital, Ltd. broker Audrey Kuwabara (CRD# 5007219) regarding GWG Holdings Inc. investment losses. She has been registered with Arque Capital, Ltd. in Scottsdale, Arizona, since 2006.
Audrey Kuwabara Customer Complaints
She has been the subject of one customer complaint, according to her CRD report:
September 2022. “Claimant has purchased a number of GWG products since 2011. GWG filed Chapter 11 bankruptcy as a debtor in possession in April 2022. Claimant files this claim against Respondent Arque for a number of causes of action including but not limited to breach of fiduciary duty, breach of contract, negligence and violation of various state and federal securities laws. Claimant files this claim against Respondents Kuwabara, Ning and Scanlon for control person liability. Respondents deny all allegations in their entirety.” The customer sought $1.7 million in damages, and the case was settled for $230,208.89. The complaint was related to alternative investment losses.
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, Arque Capital, Ltd. may be liable for investment or other losses suffered by Audrey Kuwabara’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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