Kalos Capital, Inc. broker Kristian Finfrock (CRD# 5421676) is accused of unsuitable alternative investment losses. Finfrock has been registered with Kalos Capital, Inc. in Evansville, Wisconsin since 2012.
Alternative investments do not fall into a conventional investment category, such as stocks, bonds, and cash. Most alternative investments are complex in nature and pose a degree of risk. They are typically held by high-net-worth investors or institutional investors.
Finfrock has been the subject of one customer complaint in 2020, according to his CRD report:
January 2020. “Unsuitable investments.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint was regarding alternative 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, Kalos Capital, Inc. may be liable for investment or other losses suffered by Finfrock’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.