Erez Law is currently investigating Cambridge Investment Research, Inc. broker Floyd Bernard Jr. (CRD# 823407) regarding accusations of misrepresentation. He has been registered with Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. in Baton Rouge, Louisiana, since 2024. He was registered with Concourse Financial Group Advisors and Concourse Financial Group Securities, Inc. in Baton Rouge, Louisiana, from 2016 to 2024, ISC Advisors, Inc. in Baton Rouge, Louisiana, from 2013 to 2016, and Institutional Securities Corporation in Baton Rouge, Louisiana, from 2011 to 2016.
Floyd Bernard Jr. Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
May 2023. “Client alleges registered representative misrepresented third party managed program, resulting in approximately $200,000 in damages.” The customer is seeking $200,000 in damages, and the case is currently pending. The complaint was regarding a third-party managed account, and it took place while he was registered with Concourse Financial Group Securities, 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 Floyd Bernard Jr.’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.
"*" indicates required fields
