SEC Investigates A.G. Morgan Financial Advisors and Others For Selling Unregistered Securities

Posted on June 27th, 2022 at 12:49 PM
SEC Investigates A.G. Morgan Financial Advisors and Others For Selling Unregistered Securities

From the Desk of Jim Eccleston at Eccleston Law:

The Securities and Exchange Commission (SEC) is investigating Vincent Camarda, James McArthur, and A.G. Morgan Financial Advisors.


The SEC alleges that Camarda and McArthur were involved in selling $75 million in unregistered securities with a lending company, Complete Business Solutions Group. The SEC additionally alleges that A.G. Morgan and Camarda failed to disclose conflicts of interest, which violated their fiduciary duties.


Complete Business Solutions Group has been placed in receivership in Florida since investors reportedly lost substantial sums of money in the business, according to the SEC. Vincent Camarda was affiliated with several financial advisory firms while he allegedly sold the relevant investments. Investors likely will seek to recover their losses via arbitration with Camarda’s former employers.


Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, regulatory and disciplinary matters.

Tags: eccleston, eccleston law, SEC, investigation

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