There are options for clients who suffered investment losses due to recommendations by Lighthouse Capital Group, LLC broker Rena Morris (CRD# 4867589). Morris has been registered with Lighthouse Capital Group, LLC in Pasadena, California since 2014.
Morris has been the subject of two customer complaints between 2010 and 2020, according to his CRD report. The most recent complaint is regarding:
December 2019. “It is alleged registered representative conducted limited due diligence regarding a DST investment in 2015.” The customer is seeking $798,350 in damages and the case is currently pending. The complaint took place while Morris was registered with Lighthouse Capital Group, LLC and was regarding direct investments and real estate 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, Lighthouse Capital Group, LLC may be liable for investment or other losses suffered by Morris’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.