National investment loss lawyers KlaymanToskes is investigating Joseph Hurley of Cambridge Investment Research, Inc. (CRD #4499819).
According to his CRD report, Joseph Hurley, a broker registered with Cambridge Investment Research, Inc., is currently facing a customer complaint from May 2023, alleging that he made an investment recommendation with the purpose of generating high commissions and fees, depriving the claimants of the ability to generate reasonable returns that would have been received in a diversified portfolio.
Investors that suffered losses with Joseph Hurley (Cambridge Investment Research, Inc.) are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Joseph Hurley, a broker registered with Cambridge Investment Research, Inc., has been implicated in two customer complaints between 2008 and 2023, as indicated in his Central Registration Depository (CRD) report. One of these complaints was dismissed, while the other is currently under review.
The most recent grievance, filed in May 2023, alleges that Hurley recommended an investment strategy with the primary intent of generating high commissions and fees, thereby depriving the claimants of the potential to earn reasonable returns from a diversified portfolio. The complaint pertains to losses incurred from direct investments and oil and gas investments. The Financial Industry Regulatory Authority (FINRA) rules mandate that member firms, such as Cambridge Investment Research, Inc., are accountable for supervising a broker’s activities during the period the broker is registered with the firm. This supervision is crucial to ensure that brokers adhere to the rules and regulations set forth by the regulatory body, and to protect the interests of the customers.
Joseph Hurley is a broker who has been registered with Cambridge Investment Research, Inc. since 2010. He’s been the subject of two customer complaints, one regarding direct investments and oil and gas losses, which was denied. The most recent complaint, filed in May 2023, alleges an investment recommendation was made for the purpose of generating high commissions and fees and that claimants were deprived of the ability to generate reasonable returns. The case is currently pending.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against Joseph Hurley. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with Joseph Hurley, or have concerns regarding your investment portfolio at Cambridge Investment Research, Inc., contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.