There are options for customers of Crown Capital Securities, L.P. broker Thomas Ren (CRD# 2729198) who suffered losses due to unsuitable investment recommendations. He has been registered with Crown Capital Securities, L.P. in Roaring River, North Carolina since 2016.
Thomas Ren Customer Complaints
He has been the subject of two customer complaints between 2003 and 2022, one of which was denied, according to his CRD report. The most recent complaint was regarding:
June 2022. “Customer alleges lack of suitability and insufficient product due diligence in regards to purchases in alternative investments.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding direct investments and non-traded business development companies (BDCs).
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, Crown Capital Securities, L.P. may be liable for investment or other losses suffered by Thomas Ren’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.