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Articles Tagged with McNally Financial Services

McNally Financial Services’ Recommendation of Lightstone Real Estate Income Trust Leads To Couple’s Losses

Published on: April 5, 2022 | by Samuel B. Edwards

Investors’ Worked With Ex-McNally Financial Broker Michael O’Meara

An older couple from Washington State has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against McNally Financial Services and its former broker Michael Charles O’Meara. The claimants seek up to six figures in damages and contend that they were unsuitably recommended and sold Lightstone Real Estate Income Trust.

This private, non-traded real estate investment trust (non-traded REIT) was too risky and complex for inexperienced investors like them. In September 2021, Lightstone Real Estate Income Trust changed its name to Lightstone Value Plus REIT IV, Inc.

McNally Financial Services Broker Mark Kemp Has Been Named in 11 Customer Disputes

Published on: January 6, 2022 | by Shepherd Smith Edwards & Kantas, LLP

Corpus Christi Financial Advisor is Accused of Negligence, Misrepresentations

Our Texas broker misconduct lawyers are looking into claims of losses by customers of Mark Alan Kemp, who is currently a McNally Financial Services registered representative. Mark Kemp, who has been in the industry for 30 years, has been named in nearly a dozen customer disputes, three of which are still pending.

If you are one of these investors, please contact us at Shepherd Smith Edwards and Kantas (SSEK Law Firm at investorlawyers.com) today. We can determine whether you have grounds for a Financial Industry Regulatory Authority (FINRA) arbitration claim to pursue damages.