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Meyer Wilson Investigates Representative Edward Allen Maynard

Did You Suffer Losses After Investing with Edward Allen Maynard?

Former Cambridge Investment Research Broker Edward Allen Maynard is accused of over-concentrating a client’s portfolio in non-conventional investments resulting in a multi-million dollar loss. A customer dispute is pending with damages requested in the amount of $2,600,000.

At Meyer Wilson, our firm is dedicated to investigating and filing investor claims against brokerage firms and their representatives who have engaged in misconduct. We have recovered hundreds of millions of dollars on behalf of aggrieved investors and continue to fight for clients nationwide.

If you suffered losses after investing with Edward Allen Maynard or another broker accused of wrongdoing, contact our office at (614) 532-4576 to schedule a free case evaluation. 

Experience and Background of Edward Allen Maynard

Publicly available information indicates that Edward Allen Maynard is currently registered as a broker and investment adviser with SA Stone Wealth Management, Inc. He has been registered with the firm since 2015.
Prior to his employment with SA Stone Wealth Management, Maynard was employed with several other financial institutions including Cambridge Investment Research Advisors, Generic Financial Services, and Fidelity Institutional Services Company. 

Allegations Pending Against Maynard

According to Maynard’s BrokerCheck report, a customer dispute was filed on August 26, 2022. The dispute alleges that the broker, while employed by Cambridge Investment Research, Inc, overexposed and overconcentrated the client’s portfolio in non-conventional investments. The products included Direct Investment - DPP & LP Interests, Oil & Gas, and Real Estate Securities.

The customer has alleged damages in the amount of $2,600,000. The complaint was received by the Financial Industry Regulatory Authority on September 6, 2022, and remains pending.

Common Forms of Broker Misconduct

Unfortunately, broker misconduct is common and can result in substantial losses to investors. Brokers are required to make recommendations that are in the best interest of their clients. An investment recommendation may be unsuitable if the broker did not take into consideration a client’s investment objectives, risk tolerance, experience, financial situation, and other factors.

Another form of broker misconduct that may result in damages includes overconcentration. Overconcentration occurs when a broker fails to diversify assets causing an imbalance in the client’s portfolio. If you suspect any kind of wrongdoing or regulatory violations, you need to speak with an attorney as soon as possible.

File an Investor Claim Today

Did you sustain losses after investing with Edward Allen Maynard? At Meyer Wilson, we are investigating investment losses related to broker misconduct including allegations of unsuitability and overconcentration. Contact our office today at (614) 532-4576 to schedule a free case evaluation.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

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