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Morgan Lewis Arford Facing Allegations of Unsuitable Oil and Gas Investments

Financial advisor Morgan Lewis Arford (CRD# 4945329) is currently the subject of a pending customer complaint.

The complaint alleges that Arford sold unapproved and unsuitable oil and gas investments and a penny stock while Arford was a registered representative of the brokerage firm of Geneos Wealth Management. The customer complaint seeks damages of $335,300.

Morgan Arford is currently registered as a broker with Independent Financial Group, but he was previously registered with Geneos Wealth Management in March and April of 2010 and again from February 2012 through April 2013.

Regulatory documents also identify Arford as part owner of Comprehensive Wealth Management, LLC, an investment advisory firm.

Morgan Arford has been the subject of three other customer complaints alleging the sale of unapproved and unsuitable investments. All three prior customer complaints against Arford settled earlier this year for combined amounts in excess of $600,000.

Allegations of Unsuitable Oil and Gas Investments

The investment fraud attorneys at Meyer Wilson may be able to help if you purchased unsuitable oil and gas investments from Morgan Arford. Contact our securities fraud attorneys at Meyer Wilson for a free and confidential case evaluation.

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The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

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