There are options for customers of Capital Investment Group, Inc. broker Brett Rutherford (CRD# 4001310) who suffered losses due to investments in GWG Holdings Inc. He has been registered with Capital Investment Group, Inc. in Morehead City, North Carolina since 2015.
Brett Rutherford Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
Juy 2022. “In a letter received from the client and her son, [REDACTED], who purports to be her current POA, they allege that her two investments in GWG Holdings, Inc., were unsuitable at the time the purchases were made, in September, 2019 and July, 2020. While the client and her now deceased husband have had a relationship with the firm since approximately 2016, the letter and the representative acknowledged that they have had a relationship for 20+ years, at previous broker/dealers.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding direct investments and took place while he was registered with Capital Investment Group, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Capital Investment Group, Inc. may be liable for investment or other losses suffered by Brett Rutherford’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.