Did You Lose Money Because of Kurt Cambier?
Filed: March 4, 2024
Kurt Cambier currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) 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 Kurt Douglas Cambier.
Who Is Kurt Douglas Cambier of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.?
- Advisor Name: Kurt Douglas Cambier
- Aliases: Kurt Cambier
- CRD: 1392482
- Location: Littleton, Colorado
- Current Employer: Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.
- Previous Firms: Multi-financial Securities Corporation and MML Investors Services, Inc.
- Number of Known Customer Complaints: 2
- Can Kurt Cambier Be Sued: Yes, in Private Arbitration
- Can Kurt Cambier’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $125,000
- Highest Settlement: $67,500
If you have suffered investment losses by Kurt Cambier, 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 Kurt Cambier For Broker Misconduct
As of this publication date, Kurt Cambier has been the subject of 2 customer disputes. Let’s review them below.
In May 2023, a FINRA arbitration was filed against or in reference to Kurt Cambier by multiple customers of Cambridge Investment Research, Inc. alleging that an investment recommendation was made 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 claim remains pending.
In December 2021, a FINRA arbitration was filed against or in reference to Kurt Cambier by multiple customers of Cambridge Investment Research, Inc. alleging that Mr. Cambier recommended investments that were not suitable for the Claimants. Per the customers, they lost over $125,000 because of Mr. Cambier’s actions. On March 24, 2023, Mr. Cambier settled the claim for $67,500, and some or all of this amount may have been paid by Mr. Cambier’s employer and/or insurance carrier.
How To File A Claim Against Kurt Cambier of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. (previously with Multi-financial Securities Corporation and MML Investors Services, Inc.) To Get Your Money Back
If you have questions about Kurt Cambier, Cambridge Investment Research, Inc., Cambridge Investment Research Advisors, Inc., Multi-financial Securities Corporation, MML Investors Services, 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.
