Close Menu
Free Consultation: 888-976-6111

Suitability Complaint Against Greenville Advisor Greg Gibson

Greg Gibson (CRD# 1694647), a financial advisor with Dempsey Lord Smith, recently received an investor complaint alleging his advice resulted in damages. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor based in Greenville, South Carolina. 

Mr. Gibson’s BrokerCheck report discloses one investor complaint. Filed in September 2022, it alleges that as a representative of Dempsey Lord Smith, he recommended unsuitable investments and made misrepresentations of material facts relating to his recommendations. The pending complaint alleges unspecified damages. 

Investors should be aware that FINRA rules forbid brokers from making misrepresentations of material information relating to the investments and strategies they recommend to their clients. FINRA Rule 2020 states specifically that no broker shall “effect any transaction in, or induce the purchase or sale of, any security by means of any manipulative, deceptive or other fraudulent device or contrivance.” Brokers who misrepresent investments may be held liable in the event of losses.

According to the Financial Industry Regulatory Authority, Greg Gibson holds 34 years of securities industry experience. Based in Greenville, South Carolina, he has been a broker and an investment advisor with Dempsey Lord Smith since 2012. His past registrations include Park Avenue Securities (Greenville, South Carolina; 1999-2012), Guardian Investor Services Corporation (New York, New York; 1992-1999), Pruco Securities Corporation (Newark, New Jersey; 1987-1991) and the Prudential Insurance Company of America (Newark, New Jersey; 1987-1991). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Uniform Securities Agent State Law Examination, or Series 63; the Corporate Securities Limited Representative Examination, or Series 62; the Securities Industry Essentials Examination, or SIE; and the Direct Participation Programs Representative Examination, or Series 22. He is licensed in Alabama, Florida, Georgia, Michigan, North Carolina, and South Carolina. (Information current as of November 4, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Devin Patel: Ex-Financial Gravity Advisor Receives $1.5mm Complaint

    A recent investor complaint against Tampa financial advisor Devin Patel (CRD# 6632487) alleges that his conduct resulted in seven-figure damages....

    Read More
  • Mike Hamilton: SEC Brings Charges Against Hamilton Wealth Advisor

    Fort Myers financial advisor Mike Hamilton (CRD# 2038138) allegedly may have violated the Securities Exchange Act of 1934, according to...

    Read More
  • Robert Doyle: $1 Million Complaint Against Axiom Advisor

    New York City financial advisor Robert Doyle (CRD# 2309859) recently received an investor complaint alleging his conduct resulted in million-dollar...

    Read More
  • What is reverse churning by an investment advisor?

    Churning a brokerage account refers to the excessive buying and selling of securities by a broker for the primary purpose...

    Read More
  • Previous
  • Next