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Mark Kemp Has Received Six Customer Complaints


Mark KempPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 8, 2017 indicate that Texas-based McNally Financial Services Corporation broker Mark Kemp has received several customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kemp (CRD# 2057200).

Mark Kemp has spent 26 years in the securities industry and has been registered with McNally Financial Services in San Antonio, Texas since 2010. Previous registrations include Next Financial Group in Corpus Christi, Texas; Hornor Townsend & Kent in Corpus Christi, Texas; Mony Securities Corporation in New York, New York; and the Mutual Life Insurance Company of New York in New York, New York. He is a registered broker with eight US states: Arizona, California, Louisiana, New Mexico, Oklahoma, Oregon, South Carolina, and Texas.

According to his BrokerCheck report, he has received six customer complaints and one FINRA sanction.

In 2012 FINRA sanctioned him following allegations he “mismarked seven order tickets for a penny stock as unsolicited when, in fact, they were solicited, thereby causing his member firm’s books and records to be in violation” of securities law. He was issued a 5-day suspension and a fine of $5,000.

In 2009 he was terminated from his position at Next Financial Group following allegations he solicited penny stock trades in violation of firm policy and failed to observe high standards of commercial order and equitable principal trade.

In 2009 a customer alleged Mark Kemp, while employed at Hornor Townsend & Kent and Next Financial Group, executed unauthorized trades and recommended unsuitable investments. The complaint settled in 2010 for $43,000.

2009 a customer alleged Mark Kemp, while employed at Hornor Townsend & Kent and Next Financial Group, provided misleading advice, failed to follow instructions, recommended unsuitable products, and executed unauthorized transactions. The complaint settled in 2010 for $145,000.

In 2000 a customer alleged Mark Kemp, while employed at Mony Securities Corporation, made false representations and committed fraud. The complaint settled for $1,333,000.

If you have lost money investing with Mark Kemp, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.