The securities attorneys and investment attorneys at Weltz Law represent customers in their disputes with brokerage firms, such as Accelerated Capital Group Inc. (Accelerated Capital). Many investors do not realize when their financial advisor engages in securities or investment broker misconduct, but there are steps that can be taken to recover losses. Our securities attorneys and investment attorneys can analyze your accounts and investments in order to determine if there was any wrongdoing in the handling of your accounts, which resulted in stock market losses. There are many different types of securities related misconduct including breach of fiduciary duty, failure to supervise, misrepresentation, and churning. Our analysis can reveal whether an investor has been a victim of misconduct including unsuitable investments, unauthorized trading, excessive trading, financial elder abuse or fraud.
Accelerated Capital Group Inc is a FINRA expelled brokerage firm that offers a variety of financial services such as: hedge fund industry research, consultation, and specializes in the sale and trade of fixed income securities. The firm is affiliated with, or under the common ownership with, American Asset Advisory LLC.
Accelerated Capital Group – By the Numbers
- CRD #: 41270
- SEC #: 49347
- Regulatory Events: 3
- Customer Complaints: 0
- Employees: 21(prior to expulsion by FINRA)
Accelerated Capital Group- In the News
FINRA v. Accelerated Capital Group (Case #2012033566205) – Pursuant to FINRA rule 8320, on November 11, 2019 Accelerated Capital was expelled from FINRA for failure to pay fines and/or costs. Accelerated Capital Group, Inc. failed to establish and maintain a supervisory system reasonably designed to achieve compliance with federal securities law and FINRA rules. It also failed to: reasonably supervise trading activity of registered representatives who engaged in excessive, unsuitable, and unauthorized trading; monitor the use of pre-signed and altered customer forms and documents; and report required information to FINRA. The Firm was censured, fined $400,000, and ordered to pay restitution to six customers.
FINRA v. Accelerated Capital Group (Case #2011025769301) – Accelerated Capital was fined $32,500,00 for its alleged violating exchange rule 15C2-4 and NASD rules 2210 (D)(1), 2210 (D)(2), 3010. Allegedly, Accelerated Capital Group’s website advertised misleading and untruthful content about its firm, in which it included fabricating testimonials and incorrect information about the capabilities of the firm. The firm allegedly lacked a system that supervised and censored the content of the firm’s website, and the firm allegedly failed to follow its own written supervisory procedures addressing compliance with exchange rule 15C2-4. Within the firm, there were two representatives that allegedly maintained this false representation of the firm on other websites and other forms of advertising. In these alleged inaccurate and exaggerated claims, the firm directly violated the proscriptions in place that are against such performance. The firm was also allegedly engaged in a contingency involving the sale of units in an entity that owned a company’s share and in doing so, led to the failure of the firm to ensure that investor funds were deposited properly into their respective accounts at a bank.
Retain an Experienced Securities Lawyer and Investment Lawyer
If you sustained losses because of Accelerated Capital and by your broker, it is crucial to engage an experienced securities attorneys and investment attorneys to represent you in your pursuit of the damages cause by Accelerated Capital. Weltz Law is a New York based law firm that regularly represents individuals and businesses in FINRA and AAA arbitration proceedings and litigation in state and federal courts in New York and throughout the country. You can contact us through the online form or at 877-558-1568 to set up a consultation regarding your case and to find out how the FINRA process works.