DID MASON WAYNE GANN CAUSE YOU INVESTMENT LOSSES
Mason Gann Formerly With Berthel, Fisher & Company Financial Services, Inc. Has 4 Customer Complaints For Alleged Broker Misconduct
Who is Mason Gann formerly with Berthel, Fisher & Company Financial Services, Inc.?
Mason Gann (CRD #4030936) who was formerly registered with Berthel, Fisher & Company Financial Services, Inc. and located in Dallas, Texas, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Berthel, Fisher & Company Financial Services, Inc., Mason Gann was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Mason Gann has had his own regulatory problems. He was sanctioned twice by FINRA in connection with the events that occurred while he was employed by Berthel Fisher and Co. Financial Services. First, he was suspended by FINRA in 2018 for not exercising discretion in 6 customer accounts without obtaining prior written authorization from the customers for prior approval from his member firm. In 2020, Mason Gann was a subject of another FINRA investigation which he settled with the entry of findings that he recommended and effected a risky options-trading strategy in a senior customer’s account, who had limited income, modest retirement savings, and minimal investment knowledge; he was sanctioned, without admitting or denying the findings to a three-month suspension and a $5000 fine.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Mason Gann Customer Complaints
Mason Gann has been the subject of 4 customer complaints that we know about to recover investment losses. Berthel Fisher Financial Services settled 3 of the customer complaints in favor of the investors. It denied one customer complaint, and to date, the customer has not taken any further action.
Allegations Against Mason Gann
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- financial advisor misrepresented her account by placing her an unsuitable and risky investments.
- Unsuitable investment recommendations in light of client’s risk level.
- Unauthorized trading.
- Churning to generate commissions.
- Overconcentration of client’s account in two investments.
Mason Gann Red Flags & Your Rights As An Investor
Of course, Mason Gann 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 Mason Gann at Berthel, Fisher & Company Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Mason Gann has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Berthel, Fisher & Company Financial Services, 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?
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 Berthel, Fisher & Company Financial Services, Inc. Due To Mason Gann
If you have questions about Berthel, Fisher & Company Financial Services, Inc. and/or Mason Gann 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.
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