Cetera Advisor Networks LLC Broker Jonathan Bever Private Placement Investment Losses
Posted on Tuesday, November 24th, 2020 at 8:39 pm
Cetera Advisor Networks LLC broker Jonathan Bever (CRD# 2603856) is accused of private placement investment losses. Bever has been registered with Cetera Advisor Networks LLC in Bellevue, Washington as well as Fulcrum Wealth Advisors, LLC in Bellevue, Washington since 2017.
Bever has been the subject of one customer complaint, according to his CRD report:
August 2020. “Claimant alleges that the rep sold unsuitable investments.” The customer is seeking $290,000 in damages and the case is currently pending. The complaint took place while Bever was registered with Cetera Advisor Networks LLC and it was regarding private placements.
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, Cetera Advisor Networks LLC may be liable for investment or other losses suffered by Bever’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.