Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on October 3, 2016 indicate that California-based Concorde Investment Services broker/adviser Gary Hughes has been the subject of a customer complaint and a regulatory sanction. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hughes (CRD# 1700976).
Gary Hughes has spent 23 years in the securities industry and has been registered with Concorde Investment Services in Hermosa Beach, California since 2013. Previous registrations include Arque Capital in Scottsdale, Arizona; Questar Capital in Redondo, California; Pension Planners Securities in Sacramento, California; Merrill Lynch in Century City, California; UBOC Investment Services in Glendale, California; MetLife Securities in Springfield, Massachusetts; Metropolitan Life Insurance Company in New York, New York; Dean Witter Reynolds in Purchase, New York; Brokers Transactions Services in Dallas, Texas; United Pacific Securities in Carlsbad, California; BA Investment Services in Oakland, California; and Yaeger Securities. He is a registered broker and investment adviser with four US states and territories: California, Hawaii, Maine and Nevada.
According to his BrokerCheck report, Gary Hughes has received one customer complaint and one regulatory sanction.
In 2006 a customer alleged Gary Hughes, while employed at Merrill Lynch, recommended an unsuitable variable annuity replacement. The complaint settled for $36,125.
In 2002 the California Department of Insurance sanctioned Gary Hughes after he received a conviction for one count of misdemeanor embezzlement in 1997. His insurance sales license was revoked and replaced with a restricted license until 2005.
If you or someone you know has lost money investing with Gary Hughes, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.