Erez Law is currently investigating former Cetera Investment Services LLC broker Damon Mapes (CRD# 4011748) real estate investment trusts (REITs). He has been registered with LPL Financial LLC in Hillsboro, Oregon, since 2021. Previously, he was registered with Cetera Investment Advisers LLC and Cetera Investment Services LLC in Hillsboro, Oregon, from June to December 2020.
Damon Mapes Customer Complaints
He has been the subject of two customer complaints between 2001 and 2024, according to his CRD report. The most recent complaint was regarding:
February 2024. “Customer alleges representative made unsuitable investment recommendations.” The customer is seeking $250,000 in damages, and the case is currently pending. The complaint was regarding REIT, and it took place while he was registered with Cetera Investment Services LLC.
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, Cetera Investment Services LLC may be liable for investment or other losses suffered by Damon Mapes’ 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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