Former G.F. Investment Services, LLC Broker Christopher Hobart Recovery Loss Options
Posted on Monday, June 7th, 2021 at 6:30 pm
There are options for clients of former G.F. Investment Services, LLC broker Christopher Hobart (CRD# 4469608) who suffered investment losses. Hobart was registered with G.F. Investment Services, LLC in Charlotte, North Carolina from 2015 to 2019.
Hobart has been the subject of three customer complaints in 2020, one of which was denied, according to his CRD report:
December 2020. “Claimant contends that respondents breached contractual and fiduciary duties, were negligent and violated industry rules relating to certain securities recommended.” The customer is seeking $125,000 in damages and the case is currently pending. The complaint took place while Hobart was registered with G.F. Investment Services, LLC and was regarding real estate securities and business development companies (BDCs).
November 2020. “Customers filed claim against G.F. Investment Services, LLC alleging violations of FINRA rule 2110 and FINRA rule 2111, among other claims, in connection with allegedly unsuitable recommendations of alternative investments between April of 2013 and September of 2014.” The customer is seeking $5,000 in damages and the case is currently pending.
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, G.F. Investment Services, LLC may be liable for investment or other losses suffered by Hobart’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.