- August 10, 2018
- Temenos Advisory
- Fairport Capital
The Wolper Law Firm, P.A. is currently investigating claims against George Taylor, a Financial Advisor at Fairport Capital and Temenos Advisory in Litchfield, Connecticut. George Taylor has been in the securities industry since the 1980s and previously worked at New England Securities.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on July 18, 2018, the Securities and Exchange Commission (SEC) filed a complaint against George Taylor and his advisory firm, Temenos Advisory, alleging that they “defrauded their advisory clients and prospective clients by steering the clients into unsuitable investments and by hiding commissions.” The Complaint further alleges that George Taylor “promoted the investments and pocketed commissions…from the private placement companies, thereby illegally acting as unregistered broker-dealers.” The SEC concluded that George Taylor violated securities laws and his fiduciary duty to clients.
To review the entire SEC Complaint against George Taylor and Temenos Advisory, click https://www.sec.gov/litigation/complaints/2018/comp24206.pdf
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm (in this case Fairport Capital) has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
If you or someone you know was a customer of George Taylor or Temenos Advisory and you experienced investment losses, please contact the Wolper Law Firm, P.A. at 800.931.8452 or by email at email@example.com to discuss your specific situation and the legal options available. The Wolper Law Firm, P.A. represents investors nationwide in securities litigation and arbitration.
Matt Wolper, the Managing Principal of the Wolper Law Firm, P.A., is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.