Category: Cambridge Investment Research

Did You Lose Money Because of Thomas Bates?

Filed: February 1, 2024

Thomas Bates currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Thomas Ray Bates.

Who Is Thomas Ray Bates of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.?

• Advisor Name: Thomas Ray Bates
• Aliases: Thomas Bates
• CRD: 1037294
• Location: Columbus, Ohio
• Current Employer: Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.
• Previous Firms: Woodbury Financial Services, Inc. and AXA Advisors, LLC
• Number of Known Customer Complaints: 1
• Can Thomas Bates Be Sued: Yes, in Private Arbitration
• Can Thomas Bates’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $500,000
• Highest Settlement: Unknown

If you have suffered investment losses by Thomas Bates, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Thomas Bates For Broker Misconduct

As of this publication date, Thomas Bates has been the subject of 1 customer dispute. Let’s review it below.

In October 2023, a FINRA arbitration was filed against or in reference to Thomas Bates by a customer of Cambridge Investment Research, Inc. alleging that Mr. Bates recommended unsuitable investments. Claimant suggests the investments were misrepresented to him. Per the customer, he lost over $500,000 because of Mr. Bates’s actions. As of this publication date, this claim remains pending.

How To File A Claim Against Thomas Bates of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. (previously with Woodbury Financial Services, Inc. and AXA Advisors, LLC) To Get Your Money Back

If you have questions about Thomas Bates, Cambridge Investment Research, Inc., Cambridge Investment Research Advisors, Inc., Woodbury Financial Services, Inc., AXA Advisors, LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Brian Culver?

Filed: January 30, 2024

Brian Culver currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Brian Lee Culver.

Who Is Brian Lee Culver of Cambridge Investment Research and Cambridge Research Advisors, Inc.?

• Advisor Name: Brian Lee Culver
• Aliases: Brian Culver
• CRD: 6392736
• Location: Kalamazoo, Michigan
• Current Employer: Cambridge Investment Research and Cambridge Research Advisors, Inc.
• Previous Firms: Unknown
• Number of Known Customer Complaints: 1
• Can Brian Culver Be Sued: Yes, in Private Arbitration
• Can Brian Culver’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $500,000
• Highest Settlement: Unknown

If you have suffered investment losses by Brian Culver, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Brian Culver For Broker Misconduct

As of this publication date, Brian Culver has been the subject of 1 customer dispute. Let’s review it below.

In November 2023, a FINRA arbitration was filed against or in reference to Brian Culver by a customer of Cambridge Investment Research alleging that Mr. Culver recommended highly speculative and unsuitable investments to the client. Per the customer, he/she lost over $500,000 because of Mr. Culver’s actions. As of this publication date, this claim remains pending.

How To File A Claim Against Brian Culver of Cambridge Investment Research and Cambridge Research Advisors, Inc. To Get Your Money Back

If you have questions about Brian Culver, Cambridge Investment Research, Cambridge Research Advisors, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Alexander Kline?

Filed: January 30, 2024

Alexander Kline currently has one (1) pending customer complaint. Overall, he has been the subject of six (6) customer complaints and one (1) termination event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Alexander Patrick Kline.

Who Is Alexander Patrick Kline of Cambridge Investment Research, Inc.?

• Advisor Name: Alexander Patrick Kline
• Aliases: Alexander Kline
• CRD: 1271785
• Location: Pittsburgh, Pennsylvania
• Current Employer: Cambridge Investment Research, Inc.
• Previous Firms:Prospera Financial Services, Inc., and The Huntington Investment Company
• Number of Known Customer Complaints: 6
• Number of Known Termination Events: 1
• Can Alexander Kline Be Sued: Yes, in Private Arbitration
• Can Alexander Kline’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $500,000
• Highest Settlement: $110,000

If you have suffered investment losses by Alexander Kline, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Alexander Kline For Broker Misconduct

As of this publication date, Alexander Kline has been the subject of 6 customer disputes and 1 termination event. Let’s review them below.

In October 2023, a FINRA arbitration was filed against or in reference to Alexander Kline by a customer of Cambridge Investment Research alleging that Mr. Kline recommended unsuitable investments. The claimant suggests the investments were misrepresented to him. Per the customer, he lost over $500,000  because of Mr. Kline’s actions. As of this publication date,  this claim remains pending.

In September 2021, a complaint was filed against or in reference to Alexander Kline by a customer of Cambridge Investment Research alleging that the client is unable to redeem the alternative investments that were sold by Mr. Kline. On September 15, 2021, Mr. Kline settled the claim for $41,585.27.

In November 2011, The Huntington Investment Company terminated Alexander Kline for sending out a switch letter without completing the document with required information.

In June 2008, a FINRA arbitration was filed against or in reference to Alexander Kline by multiple customers of Walnut Street Securities alleging that purchase of investments were unsuitable based on their objectives and were sold to generate commissions. Per the customers, they lost over $48,813 because of Mr. Kline’s actions. On October 17, 2008, Mr. Kline settled the claim for $9,900, and some or all of this amount may have been paid by Mr. Kline’s employer and/or insurance carrier.

In January 2005, a NASD arbitration was filed against or in reference to Alexander Kline by multiple customers of Walnut Street Securities alleging that purchase of individual securities and mutual funds were unsuitable. Per the customers, they lost over $150,000 because of Mr. Kline’s actions. On March 21, 2007, Mr. Kline settled the claim for $60,000, and some or all of this amount may have been paid by Mr. Kline’s employer and/or insurance carrier.

In January 2004, a NASD arbitration was filed against or in reference to Alexander Kline by multiple customers of Walnut Street Securities alleging that the mutual funds and stocks in which they were invested were unsuitable. Per the customers, they lost over $162,440 because of Mr. Kline’s actions. On June 23, 2005, Mr. Kline settled the claim for $40,000, and some or all of this amount may have been paid by Mr. Kline’s employer and/or insurance carrier.

In November 2000, a NASD arbitration was filed against or in reference to Alexander Kline by a customer of Walnut Street Securities alleging misrepresentation and breach of contract and fiduciary duty in recommending the purchase of municipal bonds. Per the customer, he/she lost over $88,242.50 because of Mr. Kline’s actions. On March 11, 2002, Mr. Kline settled the claim for $110,000, and some or all of this amount may have been paid by Mr. Kline’s employer and/or insurance carrier.

How To File A Claim Against Alexander Kline of Cambridge Investment Research, Inc. (previously with Prospera Financial Services, Inc., and The Huntington Investment Company) To Get Your Money Back

If you have questions about Alexander Kline, Cambridge Investment Research, Inc., Prospera Financial Services, Inc., The Huntington Investment Company, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Ed Mercer?

Filed: January 30, 2024

Edward Mercer (also known as Ed Mercer) has been the subject of one (1) regulatory event, one (1) termination event, and one (1) criminal event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Edward Steven Mercer.

Who Is Edward Steven Mercer?

• Advisor Name: Edward Steven Mercer
• Aliases: Ed Mercer
• CRD: 1839328
• Location: Coral Springs, Florida
• Current Employer: No Longer Allowed to Practice in the Securities Industry
• Previous Firms: Cambridge Investment Research Inc., LPL Financial LLC, Middlebury Securities LLC
• Number of Known Regulatory Events: 1
• Number of Known Termination Events: 1
• Number of Known Criminal Events: 1
• Can Edward Mercer Be Sued: Yes, in Private Arbitration
• Can Edward Mercer’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: Unknown
• Highest Settlement: Unknown

If you have suffered investment losses by Edward Mercer, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Ed Mercer For Broker Misconduct

As of this publication date, Edward Mercer has been the subject of 1 regulatory event, 1 termination event, and 1 criminal event. Let’s review them below.

In November 2023, FINRA initiated a regulatory action against or in reference to Edward Mercer for refusing to appear for on-the-record testimony requested by FINRA in connection with its investigation into a customer’s investment in a crypto asset offering away from his member firm.

In November 2023, Cambridge Investment Research Inc. terminated Edward Mercer for tendering a resignation; however, based on the Firm’s understanding that the FP was unwilling to cooperate with either the regulator’s or the Firm’s requests for information, the Firm was already in the process of terminating its relationship with the FP and accepted the resignation.

In November 1982, felony charges were pressed against Mr. Mercer in Courts of Marion Co. Fla.  Mr. Mercer received a felony charge for driving under the influence & possession of a controlled substance.

How To File A Claim Against Ed Mercer (previously with Cambridge Investment Research Inc., LPL Financial LLC, Middlebury Securities LLC) To Get Your Money Back

If you have questions about Edward Mercer, Cambridge Investment Research Inc., LPL Financial LLC, Middlebury Securities LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Malay Kumar?

Filed: January 30, 2024

Malay Kumar has been the subject of one (1) regulatory event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Malay Kumar.

Who Is Malay Kumar?

• Advisor Name: Malay Kumar
• Aliases: Malay Kumar
• CRD: 2482909
• Location: Mason, Ohio
• Current Employer: Currently Not Registered
• Previous Firms: Cambridge Investment Research, Private Client Services, LLC, and Securities America, Inc.
• Number of Known Regulatory Events: 1
• Can Malay Kumar Be Sued: Yes, in Private Arbitration
• Can Malay Kumar’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: Unknown
• Highest Settlement: Unknown

If you have suffered investment losses by Malay Kumar, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Malay Kumar For Broker Misconduct

As of this publication date, Malay Kumar has been the subject of 1 regulatory event. Let’s review it below.

In November 2023, FINRA initiated a regulatory action against or in reference to Malay Kumar for willfully violating the Care Obligation of Rule 15l-1 of the Securities Exchange Act of 1934 (Reg BI) by recommending customers exchange variable annuities without reasonably considering the impact of the substantial surrender feeds and the loss of benefits and liquidity caused by the exchanges.

How To File A Claim Against Malay Kumar (previously with Cambridge Investment Research, Private Client Services, LLC, and Securities America, Inc.) To Get Your Money Back

If you have questions about Malay Kumar, Cambridge Investment Research, Private Client Services, LLC,  Securities America, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Francisco Leon?

Filed: November 15, 2023

Francisco Leon has been the subject of seven (7) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Francisco Javier Fernandez Leon.

Who Is Francisco Javier Fernandez Leon of Cetera Investment Services LLC and Cetera Investment Advisers LLC?

• Advisor Name: Francisco Javier Fernandez Leon
• Aliases: Francisco Leon
• CRD: 5648271
• Location: Clearwater, Florida
• Current Employer: Cetera Investment Services LLC and Cetera Investment Advisers LLC
• Previous Firms: Oriental Financial Services Corp.
• Number of Known Customer Complaints: 7
• Can Francisco Leon Be Sued: Yes, in Private Arbitration
• Can Francisco Leon’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $500,000
• Highest Settlement: $85,000

If you have suffered investment losses by Francisco Leon, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Francisco Leon For Broker Misconduct

As of this publication date, Francisco Leon has been the subject of 7 customer disputes. Let’s review them below.

In January 2020, a FINRA arbitration was filed against or in reference to Francisco Leon by a customer of Oriental Financial Services alleging unrealized losses related to recommended purchases in PR CEF and one PR bond. Per the customer, he/she lost over $95,000 because of Mr. Leon’s actions. On May 20, 2022, Mr. Leon settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Leon’s employer and/or insurance carrier.

In October 2019, a FINRA arbitration was filed against or in reference to Francisco Leon by a customer of Oriental Financial Services alleging misrepresentation, overconcentration, and unsuitable investments. Per the customer, he/she lost over $100,000 because of Mr. Leon’s actions. On July 1, 2021, Mr. Leon settled the claim for $30,000, and some or all of this amount may have been paid by Mr. Leon’s employer and/or insurance carrier.

In October 2019, a FINRA arbitration was filed against or in reference to Francisco Leon by a customer of Oriental Financial Services alleging overconcentration in PR holdings, misrepresentation and unsuitable recommendations, breach of fiduciary duty, breach of contract, and negligence. Per the customer, he/she lost over $43,000 because of Mr. Leon’s actions. On September 14, 2021, Mr. Leon settled the claim for $19,000, and some or all of this amount may have been paid by Mr. Leon’s employer and/or insurance carrier.

In November 2018, a FINRA arbitration was filed against or in reference to Francisco Leon by a customer of Oriental Financial Services alleging misrepresentation and omissions, breach of fiduciary duty, breach of contract, unsuitability, fraud, and negligence. Per the customer, he/she lost over $200,000 because of Mr. Leon’s actions.

In September 2018, a FINRA arbitration was filed against or in reference to Francisco Leon by a customer of Oriental Financial Services alleging misrepresentations and omissions, breach of fiduciary duty, breach of contract,unsuitable investment recommendations, fraud, and negligence in June 2001 to May 2013. Per the customer, he/she lost over $500,000 because of Mr. Leon’s actions. On October 14, 2021, Mr. Leon settled the claim for $60,000, and some or all of this amount may have been paid by Mr. Leon’s employer and/or insurance carrier.

In June 2018, a FINRA arbitration was filed against or in reference to Francisco Leon by a customer of Oriental Financial Services alleging misrepresentations and omissions, breach of fiduciary duty, breach of contract, unsuitable investment recommendations, failure to supervise, fraud, and negligence. Per the customer, he/she lost over $500,000 because of Mr. Leon’s actions. On October 19, 2022, Mr. Leon settled the claim for $80,000, and some or all of this amount may have been paid by Mr. Leon’s employer and/or insurance carrier.

In April 2018, a FINRA arbitration was filed against or in reference to Francisco Leon by a customer of Oriental Financial Services alleging misrepresentation, concentration, unsuitability, breach of fiduciary duty, negligence, fraud, and failure to supervise. Per the customer, he/she lost over $309,000 because of Mr. Leon’s actions. On March 7, 2019 Mr. Leon settled the claim for $85,000, and some or all of this amount may have been paid by Mr. Leon’s employer and/or insurance carrier.

How To File A Claim Against Francisco Leon of Cetera Investment Services LLC and Cetera Investment Advisers LLC (previously with Oriental Financial Services Corp.) To Get Your Money Back.

If you have questions about Francisco Leon, Cetera Investment Services LLC, Cetera Investment Advisers LLC, Oriental Financial Services Corp., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Anselmo Contreras, Jr.?

Filed: October x, 2023

Anselmo Contreras, Jr. currently has been the subject of one (1) regulatory event and one (1) termination event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Anselmo Contreras, Jr..

Who Is Anselmo Contreras, Jr.?

• Advisor Name: Anselmo Contreras, Jr.
• Aliases: Anselmo Contreras, Jr.
• CRD: 4095453
• Location: Angleton, Texas
• Current Employer: No Longer Allowed to Practice in the Securities Industry
• Previous Firms: IFS Securities, Cambridge Investment Research, Inc., and Commonwealth Financial Network
• Number of Known Regulatory Events: 1
  Number of Known Termination Events: 1
• Can Anselmo Contreras, Jr. Be Sued: Yes, in Private Arbitration
• Can Anselmo Contreras, Jr.’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
• Highest Damages Allegation: Unknown
• Highest Settlement: Unknown

If you have suffered investment losses by Anselmo Contreras, Jr., we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Anselmo Contreras, Jr. For Broker Misconduct

As of this publication date, Anselmo Contreras, Jr. has been the subject of 1 regulatory event and 1 termination event. Let’s review them below.

In April 2019, FINRA initiated a regulatory action against or in reference to Anselmo Contreras. Without admitting or denying the findings, Contreras consented to the sanction and to the entry of findings that he misused and converted customer funds. The findings stated that Contreras induced a customer of his member firm to give him a $10,000 check to invest in a real estate venture. However, Contreras deposited the check into his personal bank account, and then used the customer’s money for his own personal use without the customer’s knowledge or consent. The findings also stated that Contreras borrowed $30,000 from firm customers without the knowledge or approval of the firm.

In January 2018, Cambridge Investment Research, Inc. terminated Anselmo Contreras for failing to report a private securities transaction and settling a customer complaint.

How To File A Claim Against Anselmo Contreras, Jr. (previously with IFS Securities, Cambridge Investment Research, Inc., and Commonwealth Financial Network) To Get Your Money Back.

If you have questions about Anselmo Contreras, Jr., IFS Securities, Cambridge Investment Research, Inc., Commonwealth Financial Network, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.

Did You Lose Money Because of Corrie Ann Mitchell?

Filed: October 26, 2023

Corrie Ann Box (also known as Corrie Ann Mitchell) currently has been the subject of one (1) regulatory event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Corrie Ann Mitchell.

Who Is Corrie Ann Mitchell?

• Advisor Name: Corrie Ann Mitchell
• Aliases: Corrie Ann Box
• CRD: 7221410
• Location: San Antonio, Texas
• Current Employer: No Longer Allowed to Practice in the Securities Industry
• Previous Firms: Cambridge Investment Research, Inc. and Royal Alliance Associates, Inc.
• Number of Known Regulatory Events: 1
• Can Corrie Ann Mitchell Be Sued: Yes, in Private Arbitration
• Can Corrie Ann Mitchell’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: Unknown
• Highest Settlement: Unknown

If you have suffered investment losses by Corrie Ann Mitchell, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Corrie Ann Mitchell For Broker Misconduct

As of this publication date, Corrie Ann Mitchell has been the subject of 1 regulatory event. Let’s review it below.

In August 2022, FINRA initiated a regulatory action against or in reference to Corrie Ann Mitchell. Without admitting or denying the findings, Mitchell consented to the sanction and to the entry of findings that she refused to provide information and documents requested by FINRA in connection with its investigation about her outside business activities.

How To File A Claim Against Corrie Ann Mitchell (previously with Cambridge Investment Research, Inc. and Royal Alliance Associates, Inc.) To Get Your Money Back.

If you have questions about Corrie Ann Mitchell, Cambridge Investment Research, Inc., Royal Alliance Associates, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.

Did You Lose Money Because of Annetta Box?

Filed: October 26, 2023

Annetta Box (also known as Annetta Marie Taylor) has been the subject of one (1) regulatory event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Annetta Marie Box.

Who Is Annetta Marie Box?

• Advisor Name: Annetta Marie Box
• Aliases: Annetta Box, Annetta Marie Box Taylor, Annetta Marie Taylor
• CRD: 6475567
• Location: Dallas, Texas
• Current Employer: No Longer Allowed to Practice in the Securities Industry
• Previous Firms: Cambridge Investment Research, Inc., Royal Alliance Associates, Inc., and Securities America, Inc.
• Number of Known Regulatory Events: 1
• Can Annetta Box Be Sued: Yes, in Private Arbitration
• Can Annetta Box’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: Unknown
• Highest Settlement: Unknown

If you have suffered investment losses by Annetta Box, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Annetta Box For Broker Misconduct

As of this publication date, Annetta Box has been the subject of 1 regulatory event. Let’s review it below.

In August 2022, FINRA initiated a regulatory event against or in reference to Ms. Box. Without admitting or denying the findings, Box consented to the sanction and to the entry of findings that she refused to provide information and documents requested by FINRA in connection with its investigation about her outside business activities. The findings stated that Box provided a partial but incomplete response to FINRA’s request. The information and documents Box failed to provide were material to FINRA’s investigation. Box acknowledges that she received FINRA’s request and will not produce the outstanding information and documents requested.

How To File A Claim Against Annetta Box (previously with Cambridge Investment Research, Inc., Royal Alliance Associates, Inc., and Securities America, Inc.) To Get Your Money Back.

If you have questions about Annetta Box, Cambridge Investment Research, Inc., Royal Alliance Associates, Inc., Securities America, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.

Did You Lose Money Because of Mike Valenta?

Filed: October 26, 2023

Mike Valenta currently has two (2) pending customer complaints. Overall, he has been the subject of seven (7)  customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Michael Joseph Valenta.

Who Is Michael Joseph Valenta of Cambridge Investment Research, Inc., and Cambridge Investment Research Advisors, Inc.,?

• Advisor Name: Michael Joseph Valenta
• Aliases: Mike Valenta
• CRD: 1386978
• Location: Westminster, Colorado
• Current Employer: Cambridge Investment Research, Inc., and Cambridge Investment Research Advisors, Inc.,
• Previous Firms: Valenta Capital Management, Inc., and RMIN Securities, Inc.
• Number of Known Customer Complaints: 7
• Can Mike Valenta Be Sued: Yes, in Private Arbitration
• Can Mike Valenta’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $800,000
• Highest Settlement: $595,000

If you have suffered investment losses by Mike Valenta, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Mike Valenta For Broker Misconduct

As of this publication date, Mike Valenta has been the subject of 7 customer disputes. Let’s review them below.

In July 2023, a FINRA arbitration was filed against or in reference to Mike Valenta by a customer of Cambridge Investment Research, Inc. alleging that Mr. Valenta made an investment recommendation for the purpose of generating high commissions and fees and that claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio. As of this publication date, this arbitration remains pending.

In July 2022, a FINRA arbitration was filed against or in reference to Mike Valenta by a customer of Cambridge Investment Research, Inc. alleging that Mr. Valenta made recommendations that did not align with the Claimant’s suitability. As of this publication date, this arbitration remains pending.

In June 2022, a FINRA arbitration was filed against or in reference to Mike Valenta by multiple customers of Cambridge Investment Research, Inc. alleging that Mr. Valenta made an investment recommendation for the purpose of generating high commissions and fees and that claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio. On July 30, 2023, Mr. Valenta settled the claim for $575,000, and some or all of this amount may have been paid by Mr. Valenta’s employer and/or insurance carrier.

In May 2022, a FINRA arbitration was filed against or in reference to Mike Valenta by multiple customers of Cambridge Investment Research, Inc. alleging that Mr. Valenta made an investment recommendation for the purpose of generating high commissions and fees and that claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio. Per the customers, they lost over $800,000 because of Mr. Valenta’s actions. On May 18, 2023, Mr. Valenta settled the claim for $595,000, and some or all of this amount may have been paid by Mr. Valenta’s employer and/or insurance carrier.

In June 2009, a complaint was filed against or in reference to Mike Valenta by multiple customers of Cambridge Investment Research, Inc. alleging unauthorized trading and breach of fiduciary duty. The clients added that Mr. Valenta did not explain how moving accounts would change their contract, and that sales proceeds reinvested, or were set to reinvest, when they were not supposed to be. Per the customers, they lost over $20,000 because of Mr. Valenta’s actions.

In May 2009, a FINRA arbitration was filed against or in reference to Mike Valenta by multiple customers of RMIN Securities, Inc. alleging that the VUL Policy purchased in 2007 was unsuitable. The clients claim to have asked for a policy that would allow them to begin drawing cash withdrawals in 13 years. The policy has a large death benefit, which they did not want, and a surrender period of 15 years. Per the customers, they lost over $80,000 because of Mr. Valenta’s actions. On April 20, 2010, Mr. Valenta settled the claim for $20,000.

In October 2008, a complaint was filed against or in reference to Mike Valenta by a customer of RMIN Securities, Inc. alleging client invested in variable annuity on January 5, 2007 that was unsuitable. Additionally, Mr. Valenta allegedly misrepresented the product and monthly premiums were too expensive. Per the customer, he/she lost over $13,244 because of Mr. Valenta’s actions.

How To File A Claim Against Michael Valenta of Cambridge Investment Research, Inc., and Cambridge Investment Research Advisors, Inc., (previously with Valenta Capital Management, Inc., and RMIN Securities, Inc.) To Get Your Money Back.

If you have questions about Mike Valenta, Cambridge Investment Research, Inc., Cambridge Investment Research Advisors, Inc., Valenta Capital Management, Inc., RMIN Securities, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.