Cambridge Investment Research, Inc. is a privately-owned broker-dealer that offers products such as mutual funds, money management platforms, equity indexed annuities, college savings plans, certificate of deposits, and life insurance services. In business for over 28 years, Cambridge is headquartered in Fairfield, Iowa and supports over 1,600 representatives/advisors.
A securities brokerage firm licensed by FINRA, Cambridge Investment Research, Inc. has a legal duty to supervise its brokers and its brokers' recommendations to clients to ensure compliance with and prevent violations of the rules of the security industry. When an individual broker is negligent or acts in an unlawful manner against the interests of the client and that client suffers damages as a result of such wrongdoing, the firm may be held liable for the investor's losses.
Do you have a claim against Cambridge Investment Research? Like any other broker-dealer firm or financial advisor, Cambridge Investment Research is required to abide by securities industry regulations. If they fail to do so, a regulatory agency like FINRA or the SEC can penalize them with a fine or required restitution. Brokers can even be permanently barred from the securities industry.
One of the more common claims against brokerage firms and stockbrokers is failure to supervise. Financial advisors have a duty to perform adequate supervision of their clients' investment portfolios. If they fail to do so, the investor can suffer substantial losses. Similarly, investment firms can fail to supervise their registered brokers or fail to have adequate supervisory systems in place so operations run smoothly and according to industry regulations.
Another common type of investment misconduct is misrepresentation. When a stockbroker fails to mention vital information or they omit certain other pertinent pieces of information, investors can suffer. If you believe your financial advisor failed to inform you of something and you lost a significant amount of money because of it, you may have a misrepresentation or omission claim.
This is by no means a comprehensive list of the types of investment fraud Cambridge Investment Research and its registered advisors could be guilty of. If you suspect that something is wrong but you aren't quite sure what, we encourage you to contact our firm for a free consultation.
It takes considerable resources, both professional and financial, to pursue claims against investment firms like Cambridge Investment Research, Inc. Meyer Wilson’s investment loss attorneys possess those resources because we have collectively spent over 50 years exclusively practicing in the field of securities fraud and arbitration. We conduct careful investigations and aggressively pursue claims against firms like Cambridge Investment in federal- and state-level courts, as well as in arbitration with the Financial Industry Regulatory Authority (FINRA), the American Arbitration Authority (AAA), and private arbitration. Our efforts allowed us to reclaim over $350 million for our clients.
Meyer Wilson securities fraud and arbitration lawyers are here to recover investor losses, so to determine whether you have a case against Cambridge Investment Research, Inc. for your losses, call us or complete our online form for a free case evaluation.
