According to WSMV Channel 4, a financial planner for Capital Financial Group, Tony Myers, has been arraigned on fraud charges for allegedly stealing money from a dying client.
Myers client, Norman Miller, was the founder of a well-known music management company that managed bands such as the Counting Crows. Miller died in 2012 from cancer.
According to the report, Myers had only been with Capital Financial Group for 20 months and was fired as soon as they found out about the charges.
Financial professionals have a fiduciary duty to their clients to make investment recommendations that are in the best interest of their clients. When a financial professional, like Tony Myers, allegedly steals from clients and violates securities law, they can be held liable for investment losses.
The foregoing information, which is publicly available, is being provided to you by The White Law Group.
If you have concerns about your dealing with Tony Myers and would like to discuss your litigation options, please call The White Law Group at (312) 238-9650 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to the representation of investors in FINRA arbitration claims against brokerage firms throughout the United States. The firm’s offices are located in Chicago, Illinois and Boca Raton, Florida.
To learn more about The White Law Group, visit www.WhiteSecuritesLaw.com.