The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims regarding unsuitable alternative investments. According to public records, there has been a recent allegation against Matthew Nelson stating that the former broker sold multiple alternative investments based on material misrepresentations and omissions.
If you were a client of Matthew Nelson and Cambridge Investment Research and lost money in your account, we are interested in discussing a potential claim with you. Brokerage firms like Cambridge Investment Research have a responsibility to supervise all representatives who are registered through their firm. (See our video “Warning signs of a bad financial advisor”). Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Matthew Nelson, Cambridge Investment Research may also be liable for investment losses sustained by customers for a failure to supervise. The Securities Lawyers at Halling & Cayo, S.C. have recovered millions of dollars for investors across the country. (See our video “Do I need a lawyer for my FINRA Arbitration?”). Reviewing FINRA’s Broker Check, there has been 1 complaint against Matthew Nelson.
Matthew Nelson has Had 1 recent customer dispute from a client claiming losses from Alleged Unsuitability:
1. March 15, 2021, Customer Dispute:
The claimants allege they were sold multiple alternative investments based on material misrepresentations and omissions.
Damage Amount Requested: $2,200,000.00
Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.
He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.
Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.