Peter Higgins (CRD #: 245408), a broker registered with Janney Montgomery Scott LLC, has settled a dispute with an investor, according to his BrokerCheck record, accessed on February 2, 2021. Higgins has multiple disclosures on his account – investors should keep reading to learn more about his conduct as a broker.

On November 20, 2020, an investor alleged that Peter Higgins sold securities in his account without authorization. The investor sought $8,277.60; the dispute settled for $8,277.60.

Investor Allegations Regarding Unsuitable Investment Recommendations

On March 4, 2013, an investor alleged that between March 2011 and October 2012, Peter Higgins invested his retirement savings in risky and unsuitable securities, including a speculative option investment strategy. Options trading and speculative investments always come with a high degree of risk, making them unsuitable for most investors. The investor sought $150,000; the dispute settled for $35,000.

On April 18, 2002, an investor alleged that Peter Higgins engaged in fraudulent concealment, gross negligence, and recommended unsuitable investments. The investor sought $300,000; the dispute settled for $29,000.

Peter Higgins has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the PC Amex Put and Call Exam, the Series 1 Registered Representative Examination, the Series 27 Financial and Operations Principal Examination, the Series 24 General Securities Principal Examination, and the Series 4 Registered Options Principal Examination. Higgins is a registered representative in 13 states and a registered investment adviser in New Jersey.

Peter Higgins has worked in the securities industry for 49 years. During this time, he has registered with the following firms:

  • Janney Montgomery (CRD #: 463)
  • LL Fane & Co (CRD #: 502)
  • Verrilli Altschuler Schwartz (CRD #: 7203)
  • Todd and Company (CRD #: 5651)
  • Mayflower Securities (CRD #: 562)

If Peter Higgins was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email info@fkesq.com for a free case consultation with a securities attorney.

Leave a Comment