Gregory S. Young, from 2014, Allegedly Sold Brokered CDs, Structured Steepener Notes, & an Alternative Investment, All which were Unsuitable; $50K in Damages Requested

Gregory Scott Young, beginning in 2014, allegedly sold clients brokered CDs, structured steepener notes, and an alternative investment which were unsuitable, according to a Pending Customer Dispute under review by investor rights attorney Alan Rosca.

The aforementioned Dispute was filed on July 3, 2019, and a Damage Amount of $50,000.00 has been requested, FINRA notes.

Gregory Young also allegedly misrepresented a product, according to a Pending Customer Dispute, FINRA notes. Said Dispute was filed on July 25, 2017, and a Damage Amount of $1,500.00 has been requested, FINRA notes.

Investor rights attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Gregory Scott Young’s alleged unsuitable investment recommendations. Investors who believe they may have lost money in activity related to Gregory Scott Young’s alleged unsuitable investment recommendations are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Gregory S. Young Permitted to Resign by Comprehensive Asset Management and Servicing, Inc. Following Allegations of Failure to Timely Disclose Arbitration

Gregory Young also allegedly failed to timely disclose arbitration in which he was a named party in violation of firm policy and FINRA rules, according to an Employment Separation after Allegations Disclosure filed on October 10, 2017.

As a result, Gregory Young was permitted to resign by Comprehensive Asset Management and Servicing, Inc., FINRA states.

Gregory S. Young the Subject of Three Settled Customer Disputes Alleging Misrepresentations of CD’s

Gregory Young allegedly offered a product that paid 7.75% interest for 7 months, and was a CD, and the product was reportedly purchased in April 2015, according to a Settled Customer Dispute.

Said Dispute was filed on October 12, 2017, and a damage amount of $9,434.98 was requested, but was ultimately settled for $7,750.00, FINRA notes.

Gregory Young also allegedly misrepresented a variable CD and corporate bond during the period leading up to their purchase, according to a Settled Customer Dispute. The aforementioned Dispute was filed on February 28, 2018, and a damage amount of $50,000 was requested, but was ultimately settled for $35,000.00, FINRA notes.

Furthermore, Gregory Young also allegedly misrepresented a variable CD during period leading up to its purchase, according to a Settled Customer Dispute. Said Dispute was filed on July 9, 2018, and a damage amount of $85,000 was requested, but was ultimately settled for $61,685.31, FINRA notes.

Gregory Young has 18 years of experience in the securities industry, is currently registered in 2 jurisdictions, and has currently been registered with Integrated Advisors Network, LLC in Columbia, South Carolina, FINRA notes. Integrated Advisors Network, LLC is headquartered in Palos Verdes Estates, California since July 18, 2018.

Gregory Young has also worked at the following firms:

  • Hayden Royal in Columbia, South Carolina— fJune 6, 2017 to July 11, 2018
  • Comprehensive Asset Management & Servicing, Inc, Columbia, South Carolina— July 3, 2017 to October 11, 2017
  • Voya Financial Advisors, Inc., Blythewood, South Carolina— May 2, 2012 to June 6, 2017
  • J.P. Turner & Company, LLC, Lexington, South Carolina— April 5, 2010 to May 18, 2012
  • Gunnallen Financial, Inc., Lexington, South Carolina— April 14, 2008 to March 29, 2010
  • Chase Investment Services Corp., Dayton, Ohio— February 22, 2006 to January 8, 2008
  • Thrivent Investment Management, Inc., Minneapolis, Minnesota— January 31, 2005 to February 22, 2006
  • Scottrade, Inc., St. Louis, Missouri— February 18, 2000 to November 12, 2004
  • Fidelity Brokerage Service, Inc., Smithfield Rhode Island— June 12, 1998 to February 3, 2000

Gregory Young is currently not suspended by FINRA, FINRA states.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Gregory Scott Young’s alleged unsuitable investment recommendations. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Gregory Scott Young’s alleged unsuitable investment recommendations may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.

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In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.