Cambridge Investment Research Tag Archives

There are Recent Customer Complaints with Broker Kent Herring in Firm Cambridge Investment Research, INC.

May 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kent Herring (Herring), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Herring recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $15,000.00 on May 06, 2024.

Claimant alleges that the Representative recommended an unsuitable investment strategy that included a risky and complex insurance product. Claimant further alleges that features of the product were misrepresented by the Representative.

There are Recent Customer Complaints with Broker Ralph Savoie in Firm Cambridge Investment Research, INC.

May 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ralph Savoie (Savoie), previously associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Savoie recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $15,000.00 on May 06, 2024.

Claimant alleges that the Representative recommended an unsuitable investment strategy that included a risky and complex insurance product. Claimant further alleges that features of the product were misrepresented by the Representative.

There are Recent Customer Complaints with Broker W Jones in Firm Cambridge Investment Research, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker W Jones (Jones), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Jones recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on July 29, 2024.

Customers allege that investments made in 2014 and 2015 were unsuitable for the customers’ investment objectives and risk tolerance.

Broker Dennis Malachosky in Cambridge Investment Research, INC. Firm Has Customer Complaint

April 14, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Dennis Malachosky (Malachosky), previously associated with Cambridge Investment Research, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Malachosky concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on February 27, 2025.

Statement of Claim alleges 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.

There are Recent Customer Complaints with Broker James Fay in Firm Cambridge Investment Research, INC.

April 14, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker James Fay (Fay), currently associated with Cambridge Investment Research, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Fay concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on February 27, 2025.

Statement of Claim alleges 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.

There are Recent Customer Complaints with Broker Joyce Hinds in Firm Cambridge Investment Research, INC.

April 12, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Joyce Hinds (Hinds), previously associated with Cambridge Investment Research, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Hinds concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on March 13, 2025.

Statement of Claim alleges 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.

There are Recent Customer Complaints with Broker Kurt Cambier in Firm Cambridge Investment Research, INC.

April 12, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Kurt Cambier (Cambier), currently associated with Cambridge Investment Research, INC., has been subject to at least 3 disclosable events. These events include 3 customer complaints. Several of those complaints against Cambier concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on March 13, 2025.

Statement of Claim alleges 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.

There are Recent Customer Complaints with Broker Carla-ann Goedtke in Firm Cambridge Investment Research, Inc.

April 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Carla-ann Goedtke (Goedtke), currently associated with Cambridge Investment Research, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Goedtke recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $80,000.00 on March 20, 2025.

Claimant alleges unsuitable recommendation and sale of L-Share annuity in 2012.

There are Recent Customer Complaints with Broker Todd Lesk in Firm Cambridge Investment Research, Inc.

April 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Lesk (Lesk), previously associated with Cambridge Investment Research, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Lesk recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $499,000.00 on March 19, 2025.

Customer alleges that an investment made in 2022 was unsuitable for the customer’s investment objectives and risk tolerance.

Broker Todd Lesk in Cambridge Investment Research, Inc. Firm Has Customer Complaint

April 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Lesk (Lesk), previously associated with Cambridge Investment Research, Inc., has at least 6 disclosable events. These events include 5 customer complaints, one regulatory event, alleging that Lesk recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $500,000.00 on August 07, 2024.

Customer alleges representative made unsuitable recommendations during the period of March 2022 to December of 2023.