Money Concepts Capital Corp. Broker Francis Carson Accused of Unsuitable Investment Recommendations

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Were you the victim of Money Concepts Capital Corp. broker Francis Carson (CRD# 1494735), who is accused of unsuitable investment recommendations? He has been registered with Money Concepts Capital Corp. in Stratford, Connecticut, and Newton, Massachusetts, since 2020. 

Francis Carson Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

July 2023. “The customer is alleging unsuitability, negligence, breach of contract, and lost opportunity.” The customer is seeking $1,402,600 in damages, and the case is currently pending. The complaint was regarding a managed account and pre-IPO securities.

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 Francis Carson’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.