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DID MARK LEE TEVEBAUGH CAUSE YOU INVESTMENT LOSSES?

Mark Tevebaugh Formerly With Next Financial Group, Inc. Has 5 Customer Complaints For Alleged Broker Misconduct

Who is Mark Tevebaugh formerly with Next Financial Group, Inc.?

Mark Tevebaugh

Mark Tevebaugh (CRD #1567001) who was formerly registered with Next Financial Group, Inc. and located in Indian Harbour Beach, Florida, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Next Financial Group, Inc., Mark Tevebaugh was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Mark Tevebaugh Customer Complaints

Mark Tevebaugh has been the subject of 5 customer complaints that we know about seeking to recover investment losses. Two of the customer complaints were settled by Mark Tevebaugh’s employers for his alleged misconduct. The other 2 customer complaints were denied by the brokerages and the investors took no further action.

Allegations Against Mark Tevebaugh

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

  • Unsuitable investment recommendation of an indexed annuity.
  • Switching from two existing variable universal life insurance policies to another was not in their best interest.
  • Recommendation to use cash value of life insurance policy to fund the purchase of the variable annuity contract was unsuitable.
  • The tax consequences of switching from insurance to variable annuity contract were not disclosed.
  • Recommendation to invest in high-risk REITs and business development companies was unsuitable.

Mark Tevebaugh Red Flags & Your Rights As An Investor

Of course, Mark Tevebaugh 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 Mark Tevebaugh at Next Financial Group, Inc. on alert to review carefully the activity and performance of their accounts and question whether Mark Tevebaugh has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Next Financial Group, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Next Financial Group, Inc. Due To Mark Tevebaugh

If you have questions about Next Financial Group, Inc. and/or Mark Tevebaugh 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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