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FINRA Broker Allegations

Allegations against: Andrew William Miles

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: [redacted] and [redacted] ("plaintiffs") allege that andrew miles as well as two entities owned by mr. Miles (pathfinder business strategies llc and tax savings professionals llc.) and three (3) other individuals (defendants"), breached the agreement whereby defendants would provide tax planning and wealth preservation tax advice. Moreover, the plaintiffs allege the defendants directed them to purchase a clean coal energy tax credits without properly vetting ecotec (issuer). Furthermore, the plaintiffs allege that the defendants failed to provide expert tax and/or investment strategies so that the plaintiffs would receive tax savings; failed to provide expert advice concerning tax deductions, credits and procedures, failed to save plaintiffs $400,000 in u.s. Taxes and failed to refund all sums paid to defendants among other allegations. additionally, plaintiffs allege that defendants made false statements and misrepresentations about their level of expertise, type of services and vetting process of ecotec. Plaintiff also allege unjust enrichment as defendants received fees, commission, kickbacks and/or other payment in connection with plaintiff's investment in ecotec.

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