Were you the victim of David Lerner Associates, Inc. broker John Lamont (CRD# 847214) who is accused of making unsuitable investment recommendations? He has been registered with David Lerner Associates, Inc. in Westport, Connecticut since 1989.
John Lamont Customer Complaints
John Lamont has been the subject of one customer complaint, according to his CRD report:
January 2022. “unsuitability, misrepresentation/omission and breach of in connection with Energy 11, SOAEX, and omission/misrepresentation in connection with hold recommendation of Puerto Rico Bonds.” The customer is seeking $150,000 in damages and the case is currently pending. The complaint was regarding government debt, mutual funds, and private placements 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, David Lerner Associates, Inc. may be liable for investment or other losses suffered by John Lamont’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.