There are options for clients of J.W. Cole Financial, Inc. broker Burton Carter (CRD# 1085739) who suffered losses due to investments with mutual funds due to investment fraud. He has been registered with J.W. Cole Financial, Inc. in Kingman, Arizona since 2003.
Burton Carter Customer Complaints
He has been the subject of two customer complaints between 2003 and 2021, according to his CRD report. The most recent complaint was regarding:
December 2021. “Client alleges registered representative breached his fiduciary duty and was negligent when assisting her conservators in liquidating her account.” The customer is seeking $101,544 in damages and the case is currently pending. The complaint was regarding mutual fund investment losses.
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, J.W. Cole Financial, Inc. may be liable for investment or other losses suffered by Burton Carter’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.