Cambridge Investment Research Investment Attorney

The securities attorneys of Gana Weinstein LLP represent individuals and institutional investor claims against their brokerage firms, such as Cambridge Investment Research Inc. (Cambridge). Securities related misconduct covers a host of issues that occur in the securities industry that violate industry standards and cause investor losses and include various types of securities frauds and deceptions, unsuitable investment advice, and failure to supervise. Our attorneys can analyze your account statements and other documents to uncover evidence of misconduct.

Cambridge was founded in 1981 and is headquartered in Fairfield, Iowa. Cambridge is affiliated with, under common control, or otherwise performs business under the company names Cambridge Investment Research Advisers, Inc., and Fairfield Global Investments, Inc.

• CRD# 39543
• SEC# 8-48740
• 2 Regulatory Events
• Revenue: $461 million – 2012
• Assets Under Management: $56.6 billion
• Total Client Accounts: 615,880 - 2012
• Representatives: 2,821 - 2012

FINRA v. William Larry Hogue, Jr., AWC No. 2012031865801 - William Larry Hogue, Jr. (Hogue) was suspended and fined by the Financial Industry Regulatory Authority (FINRA) concerning allegations that Hogue participated in an outside business activity without providing written notice to Cambridge Investment Research. FINRA alleged that Hogue sold promissory notes totaling over $1 million to at least nine investors. In March 2005, Hogue became associated with Cambridge and with Investors Asset Management of Georgia, Inc. (Investors) as a registered investment advisor.

SEC v. Richard P. Sandru, SEC Release No. 70161 (Aug. 12, 2013) – According to the SEC, Respondent Richard P. Sandru (Sandru) was an investment adviser representative associated with Cambridge Investment Research Advisors, Inc. (Cambridge), and a registered representative associated with Cambridge Investment Research, Inc. (Cambridge), a broker-dealer. The SEC alleged that Sandru misappropriated at least $308,850 in purported “financial planning” fees from at least 47 clients by forging signatures or by adding costs to Financial Planning Engagement agreements (FPEs). The SEC also found that in all cases, Respondent failed to provide the financial planning services described in the FPEs.

Gana Weinstein LLP has successfully handled customer securities disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.