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Shepherd Smith Edwards and Kantas Investigates Investor Claims Involving Cline Financial Group and National Securities Corporation

Non-Traditional Investment Losses

If you were an investor who sustained investment losses while working with Mark Alan Cline, contact Shepherd Smith Edwards and Kantas, LLP (SSEK Law Firm) today. Our brokerage firm misconduct lawyers work with clients who have suffered financial losses due to the negligent, fraudulent or other wrongful actions of their financial representatives.

Based out of Wildwood, Florida, Cline operates the Cline Financial Group.  According to its website, Cline Financial Group offers what are known as non-traditional investments such as Real Estate Investment Trusts (“REITs”), Delaware Statutory Trusts (“DSTs”) and Non-Traded Preferred Stocks.  Based on Cline’s official record with the Financial Industry Regulatory Authority (“FINRA”), the entity that regulates all brokerage firms and advisors, he is an employee of National Securities Corporation.

The official record is known as the CRD, and according to Cline’s record, he has 12 customer complaints.  Interestingly, all of the complaints were filed in December of 2019 and all of these customer disputes allege claims involving the suitability of the investments recommended. The customer disputes are all pending and range in controversy from $50,000 to $800,000.

Experienced Investor Fraud Attorneys

SSEK Law Firm has experience in representing customers of financial advisors who unsuitably recommend obscure strategies.  Such actions are usually unsuitable, and as such, may violate industry standards and Rules.

SSEK’s experience shows that before a financial advisor begins soliciting customers for inappropriate investments, he or she often does other things that are wrong for clients, such as misrepresentations/omissions, churning, unauthorized trading or other misconduct.  Even after the bad acts are uncovered, those other wrongs often go unnoticed and are never addressed without a customer hiring a law firm like SSEK.

If you were a victim of securities fraud or negligence, it is not your fault.  The experienced attorneys at SSEK are professionals at FINRA arbitrations and/or dealing with financial advisors who have fallen under FINRA or the SEC’s scrutiny.

For the last 30 years, SSEK has filed thousands of FINRA claims on behalf of consumers wronged by unscrupulous brokers and brokerage firms.  If you were a client of Mark Alan Cline and National Securities Corporation or were recommended the purchase of REITs, DSTs or Non-Traded Preferred Stocks by another firm, contact our office for a free, no-obligation consultation.


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