Can you recover losses due to recommendations by former Berthel, Fisher & Company Financial Services, Inc. broker Christopher Ordway (CRD# 4505062)? He has been registered with Berthel, Fisher & Company Financial Services, Inc. in Phoenix, Arizona, from 2013 to 2018. He was registered with Next Financial Group, Inc. in Phoenix, Arizona, from 2012 to 2013, Berthel, Fisher & Company Financial Services, Inc. in Phoenix, Arizona, from 2009 to 2012, and Cambridge Investment Research, Inc. in Chandler, Arizona, from 2006 to 2009, when he was terminated regarding, “failure to comply with firm and industry rules regarding advertising.”
Christopher Ordway Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2023. “The claimant alleges that in 2015 the representative sold high-commission, complex, risky, illiquid alternative investments which were unsuitable and misrepresented to him. The client further alleges that the representative and Firm failed to conduct adequate due diligence.” The customer is seeking $170,000 in damages, and the case is currently pending. The complaint was regarding direct investments, and it took place while he was registered with Berthel, Fisher & Company Financial Services, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Berthel, Fisher & Company Financial Services, Inc. may be liable for investment or other losses suffered by Christopher Ordway’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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