Written by The White Law Group• July 23, 2019• 8:56 pm• Blog, Current Investigations

Craig E. Lewis Broker Investigation

Craig E. Lewis, Valic Financial Advisors– Gainesville, GA

Are you concerned about investments with Craig E. Lewis in Gainesville, GA? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According to a notice on the Certified Financial Planner Board of Standards, Inc. website, on June 13, 2019, the CFP Board imposed an automatic interim suspension temporarily suspending Craig E. Lewis’s right to use the CFP®certification marks. The board reportedly sanctioned Lewis after receiving evidence that he entered into a Letter of Acceptance, Waiver, and Consent (AWC) with the Financial Industry Regulatory Authority, Inc. (FINRA) on November 29, 2017.

FINRA reportedly barred Lewis after he refused to appear for on-the-record testimony in connection with its investigation of Lewis’s alleged outside business activity. Under the automatic interim suspension order, Lewis’s right to use the CFP® certification marks is suspended pending CFP Board’s completed investigation and possible further disciplinary proceedings.

According to his FINRA BrokerReport, Lewis was registered with Valic Financial Advisors in Atlanta, GA from August 2012 until March 2016. He reportedly has two customer complaints listed on his broker record.

Investigating Potential Claims

The White Law Group is investigating potential lawsuits regarding the liability that Valic Financial Advisors may have for failure to properly supervise Lewis.

When brokers violate securities laws, such as participating in undisclosed outside business activities, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including Georgia. Our attorneys have recovered millions of dollars from many brokerage firms in the past.