Travis Alan Knadle Allegedly Made Unsuitable Recommendations of Puerto Rico Bonds as Well as Peabody Bonds
Travis Alan Knadle allegedly made unsuitable recommendations of Puerto Rico bonds as well as Peabody bonds, according to FINRA Reports under review by investor rights attorney Alan Rosca.
Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Travis Knadle’s alleged unsuitable recommendations. Investors who believe they may have lost money in activity related to Travis Knadle’s alleged unsuitable recommendations are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Travis Knadle Customer Requesting $90K in Damages Related to Alleged Unsuitable Recommendations
Travis Knadle clients have alleged unsuitable recommendations of Puerto Rico bonds as well as Peabody bonds from the period of January 2015 through April 2015, and are requesting a damage amount of $90,000, according to FINRA Reports under review by investor rights attorney Alan Rosca.
A similar case filed on April 26, 2016 also alleged unsuitable recommendation involving the purchase of two bonds on March 30, 2015 issued by the Commonwealth of Puerto Rico and bonds issued by Peabody Energy, FINRA notes.
The damage amount requested was $7,405.82, and the settlement amount was $7,717.82, FINRA states.
Travis Knadle has worked for 4 years in the securities industry and had been registered with the GMS Group, LLC in Boca Raton, Florida since January 14, 2014, FINRA notes.
Brokerage firms such as the GMS Group, LLC have a responsibility to adequately supervise all of their registered representatives who are employed through their firm, to prevent violations of securities rules and regulations. Brokerage firms also must initiate action to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. If and when brokerage firms fail to adequately supervise their registered representatives, they may be held liable for investment losses sustained by customers.
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 Travis Knadle’s alleged unsuitable 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 Travis Knadle’s alleged unsuitable recommendations may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at firstname.lastname@example.org, or through the contact form on this webpage.