Debra Lynn Clark, Broker with Hornor, Townsend & Kent, Named in Customer Dispute Alleging Unsuitable Investment Recommendations

INVESTORS: Hornor, Townsend & Kent broker Debra Lynn Clark was named in a customer dispute alleging she recommended unsuitable investments, among other forms of misconduct.

Debra Lynn Clark (CRD: 1987661) is registered as a broker and investment adviser with Hornor, Townsend & Kent, where she’s been employed since 2010. Previously, Clark was registered as a broker with Equity Services, Inc. from 2001 until 2010.

Clark has one disclosure on her BrokerCheck report.  

January 2022 Customer Dispute

Status: Pending

Allegations: Claimants allege, that beginning in 2014, Hornor, Townsend and Kent, through its registered representative, filled Claimants’ portfolios with unsuitable securities including Non-conventional Investments. The causes of action alleged are breach of fiduciary duty, violation of FINRA/NYSE rules, breach of contract, negligence, negligence supervision and fraudulent inducement to hold investment.

Damage Amount Requested: $105,000.00

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