Were you the victim of former Investment Centers of America, Inc. broker Norman Coates (CRD# 2453725? He has been registered with Securities America, Inc. and Securities America Advisors, Inc. in Tyler, Texas, since 2021. Previously, he was registered with LPL Financial LLC in Tyler, Texas, from 2017 to 2021 and with Investment Centers of America, Inc. in Whitehouse, Texas, from 2014 to 2017.
Norman Coates Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
November 2023. “Claimant alleges that during the time period 2016 to 2021, representative made unsuitable investment recommendations.” The customer is seeking $125,000 in damages, and the case is currently pending. The complaint was regarding real estate securities, and it took place while he was registered with LPL Financial LLC and Investment Centers of America, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Investment Centers of America, Inc. may be liable for investment or other losses suffered by Norman Coates’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
"*" indicates required fields
