Cambridge Investment Research

Broker Andrew Galy in Cambridge Investment Research, Inc. Firm Has Customer Complaint

April 7, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Andrew Galy (Galy), previously associated with Cambridge Investment Research, Inc., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Galy concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on August 14, 2024.

Statement of Claim 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 that would have been received in a diversified portfolio.

There are Recent Customer Complaints with Broker Alexander Kline in Firm Cambridge Investment Research, Inc.

April 6, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Alexander Kline (Kline), currently associated with Cambridge Investment Research, Inc., has been subject to at least 3 disclosable events. These events include 3 customer complaints. Several of those complaints against Kline concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a pending customer complaint on August 14, 2024.

Statement of Claim 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 that would have been received in a diversified portfolio.

There are Recent Customer Complaints with Broker Gregory Corrie in Firm Cambridge Investment Research, Inc.

April 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Corrie (Corrie), previously associated with Cambridge Investment Research, Inc., has at least one disclosable event. These events include one regulatory event, alleging that Corrie recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on August 20, 2024.

Without admitting or denying the findings, Corrie consented to the sanction and to the entry of findings that he declined to produce information and documents requested by FINRA in connection with its investigation into the circumstances giving rise to the Form U5 filed by his member firm. The findings stated that Corrie’s firm had terminated Corrie for excessive use of UIT products. After an internal review by the firm was concluded, the firm made remediation payments related to the trading activity.

Broker Amy Brandts in Cambridge Investment Research, Inc. Firm Has Customer Complaint

March 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Amy Brandts (Brandts), currently associated with Cambridge Investment Research, Inc., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Brandts recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $450,000.00 on January 30, 2025.

Client alleges loss was suffered due to actions of an outside, unknown third party, as a result of cyber security breach with the RR’s email account.

There are Recent Customer Complaints with Broker Stephen Fortin in Firm Cambridge Investment Research, Inc.

March 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Fortin (Fortin), currently associated with Cambridge Investment Research, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Fortin recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $70,000.00 on September 20, 2024.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment.

Broker Brian Culver in Cambridge Investment Research, Inc. Firm Has Customer Complaint

March 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Culver (Culver), currently associated with Cambridge Investment Research, Inc., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Culver recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on October 08, 2024.

Statement of Claim alleges RR failed to investment the client in accordance with investment objectives. It is alleged the RR invested in highly speculative and unsuitable investments.

Broker Vincent Catalano in Cambridge Investment Research, Inc. Firm Has Customer Complaint

March 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vincent Catalano (Catalano), currently associated with Cambridge Investment Research, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Catalano recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $25,000.00 on October 28, 2024.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment.

Broker Brian Kennedy in Cambridge Investment Research, Inc. Firm Has Customer Complaint

February 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Kennedy (Kennedy), currently associated with Cambridge Investment Research, Inc., has at least 6 disclosable events. These events include 6 customer complaints, alleging that Kennedy recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $81,000.00 on December 30, 2024.

Claimants allege the RR recommended an unsuitable Oil & Gas investment.

There are Recent Customer Complaints with Broker Adam Ohlmeyer in Firm Cambridge Investment Research, Inc.

February 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Adam Ohlmeyer (Ohlmeyer), currently associated with Cambridge Investment Research, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Ohlmeyer recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $200,000.00 on May 02, 2023.

Client alleges that registered representative misrepresented third party managed program, resulting in $200,000 in damages.

There are Recent Customer Complaints with Broker Ronald Paull in Firm Cambridge Investment Research, Inc.

February 10, 2025 | by Staff Attorney

Currently financial advisor Ronald Paull (Paull), currently employed by brokerage firm Cambridge Investment Research, Inc. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $275,482.00 on February 16, 2024.

Statement of Claim alleges the financial professional sold an illiquid, high risk real estate investment, despite the client’s conservative objectives. Additionally, the Statement of Claim alleges the financial professional recklessly traded at a high velocity.