Garrett Moretz

LifeMark Securities Corp. has settled multiple customer claims alleging broker misconduct committed by its registered representative, Garrett Wayne Moretz.

Customers of LifeMark alleged that Mr. Moretz recommended unsuitable corporate debt securities based on insufficient due diligence and misrepresented the risks associated with the investments. As a result of Mr. Moretz’s alleged misconduct, his clients lost substantial sums when the issuing companies filed for Chapter 11 bankruptcy. Mr. Moretz, who was previously registered with First Heartland Capital, Inc., has also been under regulatory investigation for alleged violations of federal securities laws. Investors can learn more on his BrokerCheck report, available here: https://brokercheck.finra.org/individual/summary/4086791.

Brokerage firms and investment professionals have a duty to perform proper research and due diligence and recommend suitable investments in order to avoid unnecessary risks and prevent large losses. When they fail in that duty, they may be liable to their clients for damages. ChapmanAlbin has been fighting for investor rights for more than 25 years. If you believe you lost money because your broker or investment advisor recommended unsuitable investments, contact ChapmanAlbin for a free consultation.