Nicholas Toadvine is a Florida based securities broker. He has worked in the securities industry for eighteen years. During his career, he has been registered with seven different securities firms.
His registrations include; Sigma Financial (2000-2001), Allen & Company (2001-2002), Investors Capital Corp. (2002-2012), Brookstone Securities (2012), Cabot Lodge Securities (2012-2013), and Calton & Associates (2013-Present).
Nicholas Toadvine’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In January 2010, a customer alleged that Toadvine purchased unsuitable securities on their behalf. This case was settled for $35,000 in damages.
In July 2011, a customer received a settlement of $105,000 in damages following investment losses.
In December 2011, a customer alleged unsuitable investments. The alleged transgressions taking place between 2006 and 2008. This case was settled for $82,318 in damages.
In April 2012, another customer alleged that Nicholas Toadvine made unsuitable investments. This case was settled for $145,525 in damages.
In August 2012, even more customers alleged unsuitable investment recommendations. These alleged transgressions taking place between 2004 and 2008. This case was settled for $261,450 in damages.
In December 2012, a customer alleged unsuitable recommendations for the purchase of non-traded REITs, Direct Private Placements, and high yield corporate debt. This case was settled for $230,478 in damages.
In May 2014, another customer alleged that Nicholas Toadvine made unsuitable investment recommendations. This case was settled for $140,000 in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Nicholas Toadvine, please contact Oakes & Fosher for a free and private consultation.