Former J.P. Turner Broker Dan Vismor Investment Loss Options
Posted on Monday, June 14th, 2021 at 6:44 pm
Were you the victim of former J.P. Turner broker Dan Vismor (CRD# 5321492)? Vismor has been registered with David Lerner Associates, Inc. in Boca Raton, Florida since 2017. Previously, Vismor was registered with Newbridge Securities Corporation in Boca Raton, Florida from 2015 to 2017. Prior to that, Vismor was registered with Centaurus Financial, Inc. in Lexington, South Carolina from May to October 2015 and with J.P. Turner & Company, L.L.C. in Lexington, South Carolina from 2014 to 2015.
Vismor has been the subject of two customer complaints between 2019 and 2021, according to his CRD report:
February 2021. “The customer alleges that JP Turner allowed its Registered Representatives to recommend unsuitable investments. No dates were provided within Statement of Claim. The investments took place at the Registered Representatives prior broker/dealer.” The customer is seeking $125,000 in damages and the case is currently pending. The complaint was regarding CDs and real estate securities and took place while Vismor was registered with J.P. Turner (aka Cetera Financial Group).
October 2019. “The customers allege that the RR facilitated, misrepresented unsuitable investments and breached his fiduciary duty.” The customer sought $57,000 in damages and the case was settled for $55,000. The complaint was regarding CDs and corporate debt and took place while Vismor was registered with J.P. Turner and Centaurus Financial, 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, J.P. Turner may be liable for investment or other losses suffered by Vismor’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.