Christopher C. Burtraw | Broker Investigation

FINRA Claim reportedly filed against Christopher C. Burtraw

Have you suffered losses investing with Christopher C. Burtraw in Lakewood, Co? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claim against his former employers.

According to a public document on FINRA’s website, Burtaw’s former clients allegedly filed FINRA claim #17-01412 against Burtraw and J.P. Turner & Company, L.L.C. Summit Brokerage Services, Inc. LPL Financial LLC Purshe Kaplan Sterling Investments, Inc. and CS Planning Corp.

The investors alleged unsuitability and common law breach of fiduciary duty, vicarious liability and negligent supervision as well as violation of state and federal securities law.

The causes of action reportedly related to Claimants’ investment in the following: promissory notes personally guaranteed by Burtraw; Cole Credit Property Trust and United Development Funding IV; business development companies; and a drilling partnership.

The FINRA arbitrator reportedly found Burtraw liable for and shall pay to Claimants the amount of $500,000.00 in compensatory damages.

According to his FINRA BrokerCheck report, Burtraw was registered with JP Turner & Co. in LakeWood, CO from November 2014 until October 2015 when he was reportedly discharged because he “violated firm policy with respect to borrowing funds from a client without approval from the firm.”

Prior to that, he was reportedly affiliated with Purshe Kaplan Sterling Investments from November 2009 until November 2014. He was reportedly discharged from LPL Financial in 2009 for violation of firm’s policies and procedures.

Burtraw reportedly has 9 disclosure events listed on his broker report. The Securities and Exchange Commission reportedly barred him in June 2018 following a jury trial when Burtaw was reportedly convicted on one count of theft of $100,000. He has four other customer complaints listed on his broker report.

Investigating Potential Claims

The White Law Group is investigating potential claims involving Burtraw and the liability his former employers may have for failure to properly supervise him.

Under FINRA rules and regulations, Broker-Dealers are responsible for supervising the actions of those advisors registered with their firm, and therefore may be held liable for the actions of their Broker(s).

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

We represent investors in FINRA arbitration claims in all 50 states, including Colorado. Our attorneys have recovered millions of dollars from many brokerage firms in the past, including JP Turner and LPL Financial.

If you are concerned about you investment losses with Christopher C. Burtraw, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.

For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.

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