Former Cambridge Investment Research, Inc. Broker Douglas Buczak Investment Loss Options

Cambridge Investment Research

Were you the victim of former Cambridge Investment Research, Inc. broker Douglas Buczak (CRD# 1334415) who is accused of over-concentrating investments in customer accounts? He has been registered with Raymond James Financial Services, Inc. in Troy, Michigan from 2018 to 2021. Previously, he was registered with Cambridge Investment Research, Inc. in Birmingham, Michigan from 2009 to 2018.

Douglas Buczak Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

January 2022. “The Statement of Claim alleges the financial professional recommended significant concentrations in high-commission and risky non-conventional investments which resulted in losses to the client.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint took place while he was registered with Cambridge Investment Research, Inc. and was regarding direct investments and real estate securities. 

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, Cambridge Investment Research, Inc. may be liable for investment or other losses suffered by Douglas Buczak’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.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.