DID KURT DOUGLAS CAMBIER CAUSE YOU INVESTMENT LOSSES?
Kurt Cambier Of Cambridge Investment Research, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct
About Kurt Cambier of Cambridge Investment Research, Inc.?
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Kurt Cambier (CRD #1392482) located in Golden, Colorado, has over 35 years of experience in the securities industry, is currently registered with Cambridge Investment Research Advisors, Inc. as an investment adviser and Cambridge Investment Research, Inc. as a registered broker since August 11, 2008. Mr. Cambier previously worked with Multi-Financial Securities Corporation and MML Investors Services, Inc. from 1996-2008. He holds licenses in 38 U.S. states and territories and is registered with one Self-Regulatory Organization (SRO). His professional qualifications include passing three general industry/product exams and one multi-state securities law exam, including the Series 6, 7, and 63 exams.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Kurt Cambier Customer Complaints and Reviews
Three Customer Disputes were noted on his BrokerCheck report:
- Dispute #1 Received: February 22, 2024
- Complaint: Recommended investments to generate high commissions, allegedly depriving claimants of returns from a diversified portfolio.
- Outcome: Settled for $26,500 on December 5, 2024.
- Dispute #2 Received: May 11, 2023
- Complaint: Investment recommendations allegedly led to high commissions and unsuitable returns compared to diversified portfolios.
- Outcome: Settled for $15,000 on May 28, 2024.
- Dispute #3 Received December 31, 2021:
- Complaint: Investments recommended were unsuitable for claimants.
- Outcome: Settled for $67,500 on March 24, 2023.
Allegations Against Kurt Cambier
- Unsuitable Investment Recommendations: All three complaints allege that Mr. Cambier made Unsuitable Investment Recommendations, for the purpose of generating high fees, unsuitable for the claimants’ needs:
- Dispute 1 resulted in a settlement of $26,500 in December 2024.
- Dispute 2 alleging similar concerns, was settled for $15,000 in May 2024.
- Dispute 3 the most significant settlement, occurred in March 2023 for $67,500 regarding unsuitable investment advice.
Kurt Cambier Red Flags & Your Rights As An Investor
Of course, Kurt Cambier did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Kurt Cambier at Cambridge Investment Research, Inc. on alert to review carefully the activity and performance of their accounts and question whether Kurt Cambier has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cambridge Investment Research, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Cambridge Investment Research, Inc. Due To Kurt Cambier
If you have questions about Cambridge Investment Research, Inc. and/or Kurt Cambier and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.