Sonn Law is reviewing investment-loss allegations involving former Kestra Investment Services broker Markus Byrd (CRD No. 2177376).

According to FINRA BrokerCheck, Byrd has seven customer-dispute disclosures, including two pending disputes.

One pending FINRA arbitration alleges unsuitable alternative-investment recommendations. Another alleges that Byrd exercised discretion to purchase an exchange-traded note, recommended an unsuitable strategy, held the position too long, and made inaccurate statements about the investment. Damages in that matter are unspecified.

Byrd’s BrokerCheck report includes his responses that he was not named as a respondent in the pending cases and that the investments were approved by the brokerage firm or appropriate when recommended.

The report also lists earlier disputes, including settlements. Settlements do not necessarily constitute admissions of wrongdoing by the broker. FINRA BrokerCheck report (FINRA)

Did You Invest With Markus Byrd?

Alternative investments and exchange-traded notes can involve significant market, credit, liquidity, concentration, and complexity risks. Financial professionals and brokerage firms must adequately investigate these products and explain their material risks to customers.

Investors who suffered losses while working with Markus Byrd or Kestra Investment Services can contact Sonn Law Group for a confidential FINRA claim evaluation.