Stoltmann Law Offices is investigating Mark Trewitt, a registered broker with VFG Securities in Plano, Texas. Trewitt has been accused of making unsuitable investment recommendations and misrepresentations, many of them involving direct participation products (DPPs) and private placements including non-traded real estate investment trusts (REITs) and other alternative investments. Many of these investments are risky and illiquid and come with high costs and have historically underperformed safe benchmarks, such as US treasury bonds. Many of these investments are not suitable for all customers. A broker must take into account a customer’s age, net worth, investment sophistication and investment objectives. If a broker recommends a security that is not suitable for the customer, his brokerage firm can be sued for financial losses. Please call our Chicago law firm at 312–332–4200 today to speak to an attorney about your options of suing VFG Securities for losses sustained with Mark Trewitt.
Trewitt was registered with Sun Investment Services, AIG Equity Sales, Cadaret, Grant & Co., Ogilvie Security Advisors Corp, Walnut Street Securities, Kalos Capital and Madison Avenue Securities. He is currently registered with VFG Securities in Plano and has been since November 2010. He has four customer disputes against him, three of which are currently pending.