Energy Sector Losses with Former Cambridge Investment Research, Inc. Broker Edward Maynard

Cambridge Investment Research

Can I recover losses from investments with former Cambridge Investment Research, Inc. broker Edward Maynard (CRD# 2414427) who is accused of recommendations leading to energy sector losses. He has been registered with SA Stone Wealth Management Inc. in Covington, Kentucky since 2015. Previously, he was registered with Cambridge Investment Research Advisors, Inc. in Cincinnati, Ohio from 2005 to 2015 and with Cambridge Investment Research, Inc. in Cincinnati, Ohio from 2001 to 2015.

Edward Maynard Customer Complaints

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

September 2022. “The Statement of Claim alleges clients were overly exposed and concentrated in non-conventional investments in 2014 and as a result, the clients suffered significant losses.” The customer is seeking $2,600,000 in damages and the case is currently pending. The complaint was regarding direct investments, oil and gas investments, and real estate securities, and it took place while he was registered with Cambridge Investment Research, 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, Cambridge Investment Research, Inc. may be liable for investment or other losses suffered by Edward Maynard’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.