Advisor Alert: Our Attorneys Are Investigating Patrick William Albrecht For Investment Fraud
Did You Lose Money Because of Patrick Albrecht?
Filed: January 16, 2024
Patrick Albrecht has been the subject of three (3) 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 Patrick William Albrecht.
Who Is Patrick William Albrecht of Calton & Associates, Inc.?
- Advisor Name: Patrick William Albrecht
- Aliases: Patrick Albrecht
- CRD: 1437137
- Location: Prescott, Arizona
- Current Employer: Calton & Associates, Inc.
- Previous Firms: Lawson Financial Corporation
- Number of Known Customer Complaints: 3
- Can Patrick Albrecht Be Sued: Yes, in Private Arbitration
- Can Patrick Albrecht’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $160,000
- Highest Settlement: $35,000
If you have suffered investment losses by Patrick Albrecht, 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 Patrick Albrecht For Broker Misconduct
As of this publication date, Patrick Albrecht has been the subject of 3 customer disputes. Let’s review them below.
In April 2020, a FINRA arbitration was filed against or in reference to Patrick Albrecht by a customer of Calton & Associates alleging failure to conduct adequate due diligence, negligence, misrepresentation, and breach of fiduciary duty. On April 30, 2020, Mr. Albrecht settled the claim for $35,000, and some or all of this amount may have been paid by Mr. Albrecht’s employer and/or insurance carrier.
In April 2006, a complaint was filed against or in reference to Patrick Albrecht by a customer of Lawson Financial Corporation alleging that icon LP7 is not making distributions. Per the customer, he/she lost over $10,000 because of Mr. Albrecht’s actions.
In November 2004, a NASD arbitration was filed against or in reference to Patrick Albrecht by a customer of Lawson Financial Corporation alleging suitability, breach of fiduciary duties, and negligent supervision. Additionally, the claimant was unhappy with the untimely liquidation of assets. Per the customer, he/she lost over $160,000 because of Mr. Albrecht’s actions. On April 3, 2006, Mr. Albrecht settled the claim for $35,000, and some or all of this amount may have been paid by Mr. Albrecht’s employer and/or insurance carrier.
How To File A Claim Against Patrick Albrecht of Calton & Associates, Inc. (previously with Lawson Financial Corporation) To Get Your Money Back.
If you have questions about Patrick Albrecht, Calton & Associates, Lawson Financial Corporation, 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.