INVESTORS: Former Kestra Investment Services broker Herman Laibe Kahn is facing a customer dispute alleging misrepresentation and unsuitable investment recommendations.
Herman Laibe Kahn (CRD#: 1866522) was registered as a broker with Kestra Investment Services from 2004 until 2020. Previously, Kahn was registered as a broker with Raymond James Financial from 1997 until 2004.
Kahn has seven disclosures on his BrokerCheck report. One customer dispute filed against Kahn was denied.
December 2021 Customer Dispute
Status: Pending
Allegations: Claim alleges that the FP and firm failed to disclose the risky nature of 2 investments and that the transactions were not suitable based on investment objectives and risk tolerance.
Damage Amount Requested: $110,000.00
June 2020 Customer Dispute
Status: Settled
Allegations: Claimant alleges breach of fiduciary duty and unsuitable investment concentration of Atlas Growth Partners.
Damage Amount Requested: $100,000.00
Settlement Amount: $45,000.00
September 2013 Customer Dispute
Status: Settled
Allegations: Claim alleges misrepresentation and other causes of action in connection with the sale of real estate Mezzanine Financing Investment in 2007. The Representative was not named a party to the arbitration proceeding.
Damage Amount Requested: $90,000.00
Settlement Amount: $41,000.00
Broker Comment: The Representative was not named a party to the arbitration proceeding. The representative was not a party to the settlement, nor did the representative make any financial payment to any party with respect to such settlement.
September 2013 Customer Dispute
Status: Settled
Allegations: Claim alleges misrepresentation and other causes of action in connection with the sale of real estate Mezzanine Financing Investment in 2007. The Representative was not named a party to the arbitration proceeding.
Damage Amount Requested: $125,000.00
Settlement Amount: $50,000.00
Broker Comment: The Representative was not named a party to the arbitration proceeding. The representative was not a party to the settlement, nor did the representative make any financial payment to any party with respect to such settlement.
September 2013 Customer Dispute
Status: Settled
Allegations: Claim alleges misrepresentation and other causes of action in connection with the sale of real estate Mezzanine Financing Investment in 2007. The Representative was not named a party to the arbitration proceeding.
Damage Amount Requested: $600,000.00
Settlement Amount: $252,885.00
Broker Comment: The Representative was not named a party to the arbitration proceeding. The representative was not a party to the settlement, nor did the representative make any financial payment to any party with respect to such settlement.
September 2013 Customer Dispute
Status: Settled
Allegations: Claim alleges misrepresentation and other causes of action in connection with the sale of real estate Mezzanine Financing Investment in 2007. The Representative was not named a party to the arbitration proceeding.
Damage Amount Requested: $100,000.00
Settlement Amount: $40,000.00
Broker Comment: The Representative was not named a party to the arbitration proceeding. The representative was not a party to the settlement, nor did the representative make any financial payment to any party with respect to such settlement.
If you have any information about Herman Laibe Kahn that you would like to share or discuss, please call our firm for a confidential consultation. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.
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