The allegations read: The statement of claim alleges that mr. Kagele in his capacity as an investment adviser representative and managing partner of nova financial, llc breached his fiduciary duty, engaged in an unsuitable investment strategy based on the complainants' risk tolerance and investment objectives, mismanaged the account, and made negligent misrepresentations and misleading statements. The period in which the alleged activities took place was between 2012 to 2016.
