National investment loss lawyers KlaymanToskes is investigating Craig Emerson (CRD# 2761245) of Fourest, LLC following the filing of a customer complaint alleging $215,000 in damages due to a breach of fiduciary duty relating to investment recommendations in an Exchange Traded Fund (“ETF”).
Investors that suffered losses with Craig Emerson may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman, Esq., for a free consultation to discuss recovery options at 888-997-9956 or lawrence@klaymantoskes.com. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, Craig Drewes Emerson is currently registered as a broker and investment advisor with Cetera Advisor Network and is doing business as Fourest, LLC in Greenwood Village, CO. Emerson was previously registered with Summit Financial Group, Inc. Emerson has been hit with a customer complaint alleging $215,000 in damages due to a breach of fiduciary duty related to investment recommendations in an Exchange Traded Fund (“ETF”).
FINRA (“Financial Industry Regulatory Authority”) is responsible for regulating all registered brokers and brokerage firms. In the event of a non-compliance with securities industry standards leading to a customer incurring investment losses, brokers/financial advisors and their firms may be held liable through a FINRA arbitration claim.
Facts about each investor, such as their financial situation/needs, age, employment status, tax status, investment objectives and experience, risk tolerance, and what other investments they may be holding must be taken into consideration by brokers/financial advisors in order to meet the “reasonable diligence” requirement of FINRA’s suitability rule.
Additionally, financial professionals and their firms cannot disregard a customer’s risk-tolerance when making unsuitable investment recommendations. Brokers/advisors must also ensure that they do not misrepresent material facts, and/or over-concentrate the customer’s portfolio in one particular investment class or sector.
To learn more about additional securities violations, see our account activity violations page. FINRA arbitration is a more cost-effective process for investors, often occurring with increased speed and efficiency over a court proceeding.
KlaymanToskes can help you determine if your investment loss is the result of a securities violation. Contact attorney Lawrence L. Klayman today for a free consultation at (888) 997-9956 or lawrence@klaymantoskes.com to discuss your recovery options.
Our firm offers legal services on a contingency fee basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com