Advisor Alert: Our Attorneys Are Investigating Charles Raymond Weldon For Investment Fraud
Did You Lose Money Because of Charles Weldon?
Filed: March 12, 2024
Charles Weldon (also known as C. Raymond Weldon) currently has three (3) pending customer complaints. Overall, he has been the subject of four (4) 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 Charles Raymond Weldon.
Who Is Charles Raymond Weldon of Independent Financial Group, LLC?
- Advisor Name: Charles Raymond Weldon
- Aliases: C. Raymond Weldon
- CRD: 1030659
- Location: Boca Raton, Florida
- Current Employer: Independent Financial Group, LLC
- Previous Firms: Weldon & Company, The Investment Center, Inc., and Cetera Advisor Networks LLC
- Number of Known Customer Complaints: 4
- Can Charles Weldon Be Sued: Yes, in Private Arbitration
- Can Charles Weldon’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,000,000
- Highest Settlement: $51,452
If you have suffered investment losses by Charles Weldon, 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 Charles Weldon For Broker Misconduct
As of this publication date, Charles Weldon has been the subject of 4 customer disputes. Let’s review them below.
In July 2023, a FINRA arbitration was filed against or in reference to Charles Weldon by multiple customers of Cetera Advisor Networks LLC alleging breach of fiduciary duty, negligence, misrepresentation and failure to supervise. Per the customers, they lost over $1,000,000 because of Mr. Weldon’s actions. As of this publication date, this claim remains pending.
In March 2023, a FINRA arbitration was filed against or in reference to Charles Weldon by multiple customers of Cetera Advisor Networks LLC alleging that they lost money as a result of the investment strategy utilized by the representative. Per the customers, they lost over $500,000 because of Mr. Weldon’s actions. As of this publication date, this claim remains pending.
In March 2023, a FINRA arbitration was filed against or in reference to Charles Weldon by multiple customers of Cetera Advisor Networks LLC alleging that their portfolios were overconcentrated in similar securities which resulted in losses. Per the customers, they lost over $5,001 because of Mr. Weldon’s actions. As of this publication date, this claim remains pending.
In June 2015, a FINRA arbitration was filed against or in reference to Charles Weldon by a customer of Girard Securities, Inc. alleging unsuitable transactions, breach of fiduciary duty, negligence, and failure to supervise. Per the customer, he/she lost over $335,000 because of Mr. Weldon’s actions. On December 2, 2016, Mr. Weldon settled the claim for $51,452, and some or all of this amount may have been paid by Mr. Weldon’s employer and/or insurance carrier.
How To File A Claim Against Charles Weldon of Independent Financial Group, LLC (previously with Weldon & Company, The Investment Center, Inc., and Cetera Advisor Networks LLC) To Get Your Money Back
If you have questions about Charles Weldon, Independent Financial Group, LLC, Weldon & Company, The Investment Center, Inc., Cetera Advisor Networks 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.