Close Menu
Free Consultation: 888-976-6111

San Jose Advisor Kim Carson: Fraud Complaint

A recent investor complaint against Principal Securities financial advisor Kim Carson (CRD# 5576304) alleges that she committed fraud and other forms of misconduct. Financial Industry Regulatory Authority records show that she is a broker and an investment advisor based in San Jose, California.

Ms. Carson’s BrokerCheck report discloses one investor complaint. Filed in February 2022, it alleges that as a representative of SCF Securities, she committed fraud, made negligent misrepresentations of material information, breached her fiduciary duty, and converted funds. The complaint alleges more specifically that she “deposited the escrow funds from the sale of the plaintiff’s house into an account controlled by the registered representative.” Then, the complaint alleges, she sold the customer an investment in which the customer gave a loan of $250,000 to Ms. Carson’s husband, allegedly intended to be “secured by a deed of trust.” The pending complaint alleges damages of $250,000.

According to the Financial Industry Regulatory Authority, Kim Carson holds 13 years of securities industry experience. Based in San Jose, California, she has been a broker and an investment advisor with Principal Securities since 2020. Her past registrations include SCF Securities (Campbell, California; 2018-2020), Ameriprise Financial Services (Campbell, California; 2011-2018), and Waddell & Reed (Campbell, California; 2008-2011). Her credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. She is licensed in California, Colorado, Florida, Montana, Nevada, New Mexico, South Dakota, Tennessee, and Texas. (Information current as of September 3, 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
Latest Blog Posts
  • Roshan Perera: Janues Capital Advisor Faces Federal Fraud Charges

    The US Department of Justice recently announced fraud charges against former Queens investment advisor Roshan Perera (CRD# 4716321). According to...

    Read More
  • Peter Maller: $100K Complaint Against Maller Wealth Advisor

    A recent investor complaint against Hunt Valley, Maryland financial advisor Peter Maller (CRD# 2322403) concerns an investment in Atlas Growth...

    Read More
  • Brad Feldman: Security Service Advisor Faces Real Estate Complaint

    Multiple investor complaints against San Antonio financial advisor Brad Feldman (CRD# 2858061) allege that he recommended unsuitable investments. Records provided...

    Read More
  • Gregory Barson: REIT Complaint Against Ex-Crown Capital Advisor

    Las Vegas financial advisor Gregory Barson (CRD# 4874815) is involved in an investor complaint relating to a non-traded REIT and...

    Read More
  • Previous
  • Next