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Cynthia Diane Cowden Formerly with NPB Financial Group, LLC Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year

Who is Cynthia D. Cowden formerly with NPB Financial Group, LLC?

Cynthia Cowden (CRD #2054676) who was formerly registered with NPB Financial Group, LLC and located in Lake Isabella, California is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to NPB Financial Group, LLC, Cynthia Cowden was associated with 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Cynthia Cowden has had her own regulatory problems.  In October 2020, without admitting or denying the FINRA findings, she entered into an agreement with the regulator to be permanently barred from any further association with any member firm in any capacity into the future. 

This regulatory sanction was the result of an investigation and findings made by FINRA that Cynthia Cowden recommended unsuitable high-risk/speculative investments to 3 senior investors, including a married couple and one other investor. 

The FINRA findings also included a statement that she had provided false testimony to FINRA concerning the customer’s assets and income.

NPB Financial Group, LLC Broker Misconduct

In her career, Cynthia Cowden has been the subject of 4 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses.

Three of Cynthia Cowden’s 4 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against Cynthia Cowden’s former employer NPB Financial Group, LLC for investment losses caused by her alleged misconduct.

Allegations Against Cynthia Cowden

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

  • The claimant alleged negligence, unsuitable investment recommendations, negligent misrepresentations, intentional misrepresentations, fraud, violation of California securities laws, breach of fiduciary duty, breach of contract, and financial elder abuse in connection with REIT investments Cynthia Cowden offered and sold to the claimant.
  • The claimant alleged misrepresentation and recommendations of unsuitable investments in Tenant in Common interests.
  • The customer alleged Cynthia Cowden committed conversion, negligence, breach of fiduciary duty, financial elder abuse, tortious interference with the right to inherit, and fraud and deceit.
  • The claimant alleged Cynthia’s account and engaged in unauthorized trading and/or exercise of discretion without written authorization, financial elder abuse, violation of FINRA rules relating to REIT investments.

Cynthia Cowden Red Flags & Your Rights as An Investor

Of course, Cynthia Cowden 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 that should put all current and former customers of Cynthia Cowden at NPB Financial Group, LLC on alert to review carefully the activity and performance of their accounts and question whether Cynthia Cowden has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at NPB Financial Group, LLC about Cynthia Cowden also raises questions about its 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 NPB Financial Group, LLC

If you have questions about NPB Financial Group, LLC and/or Cynthia Cowdenand 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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