Advisor Alert: Our Attorneys Are Investigating Raymond Joseph Kramer For Investment Fraud
Did You Lose Money Because of Raymond Kramer?
Filed: March 12, 2024
Raymond Kramer (also known as Raymond J Kramer) currently has one (1) pending customer complaint. Overall, he 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 Raymond Joseph Kramer.
Who Is Raymond Joseph Kramer of Monon Wealth Management and Purshe Kaplan Sterling Investments?
- Advisor Name: Raymond Joseph Kramer
- Aliases: Raymond J Kramer
- CRD: 3247207
- Location: Carmel, Indiana
- Current Employer: Monon Wealth Management and Purshe Kaplan Sterling Investments
- Previous Firms: Wells Fargo Advisors Financial Network, LLC and Fifth Third Securities, Inc.
- Number of Known Customer Complaints: 3
- Can Raymond Kramer Be Sued: Yes, in Private Arbitration
- Can Raymond Kramer’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $90,000
- Highest Settlement: Unknown
If you have suffered investment losses by Raymond Kramer, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Raymond Kramer For Broker Misconduct
As of this publication date, Raymond Kramer has been the subject of 3 customer disputes. Let’s review them below.
In March 2023, a FINRA arbitration was filed against or in reference to Raymond Kramer by multiple customers of Monon Wealth Management alleging breach of fiduciary duty, negligence and regulation best interest issues with regards to the purchase of GWG L Bonds. Per the customers, they lost over $90,000 because of Mr. Kramer’s actions. As of this publication date, this claim remains pending.
In September 2010, a complaint was filed against or in reference to Raymond Kramer by a customer of Fifth Third Securities, Inc. alleging that Mr. Kramer misrepresented a structured product, which led to a purchase in August of 2010. Per the customer, he/she lost over $6,000 because of Mr. Kramer’s actions.
In January 2010, a complaint was filed against or in reference to Raymond Kramer by a customer of Fifth Third Securities, Inc. alleging that Mr. Kramer misrepresented structured products, which led to a purchase in September 2009. Per the customer, he/she lost over $5,800 because of Mr. Kramer’s actions.
How To File A Claim Against Raymond Kramer of Monon Wealth Management and Purshe Kaplan Sterling Investments (previously with Wells Fargo Advisors Financial Network, LLC and Fifth Third Securities, Inc.) To Get Your Money Back
If you have questions about Raymond Kramer, Monon Wealth Management, Purshe Kaplan Sterling Investments, Wells Fargo Advisors Financial Network, LLC, Fifth Third 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.