GPB Holdings Inc. Losses with Madison Avenue Securities, LLC Broker Christopher Porter

GWG Holdings Inc.

There are options for clients of Madison Avenue Securities, LLC broker Christopher Porter (CRD# 1911339), who is accused of GPB Capital Holdings Inc. losses. He has been registered with Madison Avenue Securities, LLC in Yalesville, Connecticut, since 2006. 

Christopher Porter Customer Complaints

He has been the subject of two customer complaints between 2020 and 2021, according to his CRD report:

December 2021. “Unsuitable recommendation of GPB Automotive and other alternative investments.” The case is currently pending. The complaint was regarding direct investments. 

August 2020. “Unsuitable recommendations of alternative investments, including GPB Automotive and poor due diligence.” The customer sought $87,000 in damages, and the case was settled for $70,295.13. The complaint was regarding direct investments. 

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, Madison Avenue Securities may be liable for investment or other losses suffered by Christopher Porter’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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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.