The White Law Group is investigating potential claims involving financial advisor Dean Grant in Milledgeville, Georgia, and the liability his member firm may have for failure to properly supervise him.
According to news reports this week, Dean Harrison Grant, 53, was reportedly arrested Monday on three counts of insurance fraud, three counts of theft by taking, and one count of forgery.
Grant, who reportedly founded GFG Strategic Advisors in Milledgeville, GA, allegedly kept nearly $600,000 that he received from three clients for his own personal use, instead of purchasing insurance investments for those clients.
According to his FINRA BrokerCheck report, Grant was registered with M. Holdings Securities in Milledgeville, GA from September 2014 until January 2019.
Under FINRA rules and regulations, broker-dealers are responsible for supervising the actions of those advisors registered with their firm, and therefore may be held liable for the actions of their broker(S).
If you are concerned about your investments with Dean Grant, the securities attorneys at The White Law Group may be able to help you.
For a free case evaluation or to discuss any other investment losses, please contact The White Law Group, at 888-637-5510, or visit us on the web at www.whitesecuritieslaw.com.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.