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Alexander Kolton Formerly With Lincoln Financial Securities And Waddell & Reed Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Alexander Kolton formerly with Lincoln Financial Securities?

Alexander Kolton (CRD #5974428) who was formerly registered with Lincoln Financial Securities and located in Scottsdale, Arizona is a subject of one of our many securities industry sales practice abuse investigations. Prior to Lincoln Financial Securities, Alexander Kolton was associated with Waddell & Reed and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Alexander Kolton Customer Complaints

Alexander Kolton has been the subject of 2 customer complaints that we know about. Both of Alexander Kolton’s customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Alexander Kolton

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • The client alleged the variable annuity sold to her by Alexander Kolton was not accurately explained.
  • The client alleged he was under informed, uninformed by Alexander Kolton regarding the variable annuity he purchased.

Alexander Kolton Red Flags & Your Rights As An Investor

Of course, Alexander Kolton did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Alexander Kolton at Lincoln Financial Securities and Waddell & Reed on alert to review carefully the activity and performance of their accounts and question whether Alexander Kolton has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Lincoln Financial Securities and Waddell & Reed also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Lincoln Financial Securities Due To Alexander Kolton

If you have questions about Lincoln Financial Securities, Waddell & Reed, and/or Alexander Kolton and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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