Philip van Staden Allegedly Misrepresented Easements
Philip van Staden (CRD# 4489166), a Green Vista Capital broker, committed fraud, according to several investor disputes. MDF Law is investigating the Winter Park, Florida-based financial professional for similar conduct. If you have concerns about your investments, contact us for a free and confidential consultation.
To learn more about the allegations against Mr. van Staden, continue reading this post. The information below is based on a November 8, 2024 review of his BrokerCheck profile, a Financial Industry Regulatory Authority record.
Investors Allege Philip van Staden Violated Securities Laws
Between 2023 and 2024, 12 parties of investors filed disputes involving Mr. van Staden that are still pending. These claims detail allegations of fraud, misrepresentation, and violation of securities laws. They also include allegations that he breached his fiduciary duty and recommended unsuitable investments in conservation easements. The disputes, which are still pending, seek alleged damages of more than $17 million in total.
Firm Settled Past Fraud Disputes
The above-described disputes are not the only ones in Mr. van Staden’s record. Between 2021 and 2023, four other parties of investors filed disputes that his member firm settled. These claims included allegations of fraud, unsuitable investments, breach of contact, misrepresentation, and negligence. Several of them also stemmed from investments in conservation easements, according to his BrokerCheck profile. His current or former member firms settled the disputes for a total of more than $490,000.
What Is Green Vista Capital?
As his BrokerCheck record reflects, Mr. van Staden is a representative of Green Vista Capital. The firm, based in Winter Park, Florida, offers many services, according to its website. These include financial planning, investment strategies, alternative investments, retirement strategies, and insurance products. “We are committed to maintaining the highest standards of integrity and professionalism in our relationships with clients, broker dealers, product sponsors, and other industry professionals,” reads the firm’s mission statement. “We work diligently to foster our mutually beneficial relationships and encourage open and honest communication between parties.”
FINRA: Broker Based in Winter Park, Florida
Mr. van Staden started his career as a broker in 2003. That year, he registered with G.A. Repple & Company’s branch office in Casselberry, Florida. He left that firm in 2014 to join The Strategic Capital Alliance, where he remained until 2018. That year he joined his current member firm, Green Vista Capital, working at its office in Winter Park, Florida. With 21 years of experience as a broker, he has completed five industry exams, including the Series 66 and the Series 14.
Call MDF Law to Discuss Your Recovery Options
Are you a current or former client of Philip van Staden who suffered losses in your accounts? You may have recovery options. Contact MDF Law if your broker did not adequately explain the risks investments in your account, made unauthorized trades, or otherwise recommended unsuitable products. Our clients only pay a fee if they recover losses, and our team offers free consultations nationwide. Your time to file a claim may be limited, so we encourage you to avoid delay. Call 800-767-8040 today.