Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edwin Johns (Johns), previously associated with Hazlett, Burt & Watson, INC., has at least one disclosable event. These events include one customer complaint, alleging that Johns 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 $111,422.00 on August 29, 2022.
On August 29, 2022, Hazlett, Burt & Watson received a complaint from the clients stating that they had been charged WRAP fees in excess of the 0.5% rate stipulated in their Agreement. The clients asserted that they had been overcharged from January 2017 to August 2022. The clients further alleged that Mr. Johns failed to follow instructions that could have mitigated market value losses in June 2022.