Eric Kuchel Barred by FINRA

Eric Kuchel barred.

In March, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Eric Kuchel of Yorba Linda, CA, formerly with Crown Capital Securities and LPL Financial, both of Brea, CA was named in a FINRA complaint alleging that he repeatedly failed to appear for on the record testimony over allegations that he and other registered representatives engaged in improper mutual fund transactions and participated in a private securities transaction.  A FINRA hearing officer’s panel entered default against Kuchel in May, 2016, barring him from the industry for refusing to cooperate with FINRA’s investigation

Registration and disciplinary history

In order to lawfully sell investments to the public,  a registered rep must either be registered or exempt from registration.  Eric Kuchel was registered with:

11/2014 – 11/2015
LPL FINANCIAL LLC
07/2007 – 11/2014
CROWN CAPITAL SECURITIES, L.P.

According to FINRA’s CRD disclosure report, Eric Kuchel has been the subject of five customer complaints and one regulatory investigation.

The Law Office of David Liebrader practices exclusively in the field of investment loss recovery.  For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions.  During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies.  The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.

When investors contact our firm they can expect prompt attention, and a detailed analysis of their issues.  Typical claims that we are asked to review  involve “unsuitability (where a financial advisor makes investment recommendations that are inconsistent with a customer’s investment objectives), claims for “churning” (where a broker enters into an excessive number of trades for the purpose of generating commissions), claims involving illiquid investments such as private placements (I.e., real estate investment trusts, limited partnerships, equipment leasing and oil and gas drilling programs) as well as claims for violations of state securities laws, which often provide investors remedies like attorney’s fees and interest, if they are successful on the claim.

If you suspect that you have been the victim of investment fraud, or had a financial advisor recommend unsuitable investments to you, call us today for a free, confidential consultation at (702) 380-3131.