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Richard E. Kaplan formerly with Legacy Asset Securities, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years

Who is Richard E. Kaplan formerly with Legacy Asset Securities, Inc.?

Richard Kaplan (CRD #2944041) who was formerly registered with Legacy Asset Securities, Inc. and located in Houston, Texas is a subject of one of our many securities industry sales practice abuse investigations. Prior to Legacy Asset Securities, Inc., Richard Kaplan was associated with another investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Legacy Asset Securities, Inc. Broker Misconduct

In his career, Richard Kaplan has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last 2 years to recover investment losses. Both customer complaints filed against Richard Kaplan’s former employer Legacy Asset Securities, Inc. for investment losses caused by his alleged failure to supervise and are currently pending. 

Allegations Against Richard Kaplan

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

  • Two groups of customers and separate arbitration proceedings made allegations against supervisors of a broker named William Hightower. It alleges that Richard Kaplan and others failed to supervise William Hightower.

Richard Kaplan Red Flags & Your Rights As An Investor

Of course, Richard Kaplan 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 Richard Kaplan at Legacy Asset Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Richard Kaplan has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Legacy Asset Securities, Inc. about William Hightower raises legitimate questions about Kaplan and others 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 Legacy Asset Securities, Inc.

If you have questions about Legacy Asset Securities, Inc. and/or Richard Kaplan 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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