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Raymond James broker/adviser Patrick Elmore: Complaints

The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding North Carolina-based Raymond James broker/adviser Patrick Elmore (CRD# 2543430).

Patrick Elmore has spent twenty years in the securities industry and has been registered with Raymond James Financial Services in Denver, North Carolina since 2000. He was previously registered with Edward Jones in St. Louis, Missouri (1994-2000). Mr. Elmore is a broker and investment adviser registered in fifteen US states.

According to his BrokerCheck report, Patrick Elmore is the subject of three customer complaints and one pending customer complaint.

In 2014 a customer alleged Patrick Elmore, while employed at Raymond James, failed to follow instructions, breached his fiduciary duty, breached his contract, misrepresented material facts pertaining to an investment, and failed to follow instructions. The customer is seeking $66,125 in damages in the pending complaint.

In 2010 a customer alleged Patrick Elmore, while employed at Raymond James, incurred an avoidable tax bill. The customer sought $35,000 in damages in the complaint, which was closed with no action taken.

In 2005 a customer alleged Patrick Elmore, while employed at Raymond James, breached his fiduciary duty, breached his contract, violated the Securities Exchange Act, violated North Carolina securities law, and acted negligently. The complaint settled in 2006 for $1,000.

In 2005 a customer alleged Patrick Elmore, while employed at Raymond James, breached his fiduciary duty, breached his contract, violated the Securities Exchange Act, and violated North Carolina’s RICO Act when he placed the customer’s IRA accounts in “overly aggressive equity-oriented mutual funds.” The complaint settled in 2006 for $90,335.

In 2003 a customer alleged Patrick Elmore, while employed at Raymond James, recommended an unsuitable investment. The customer sought more than $5,000 in damages in the complaint, which was denied.

In 1997 a customer alleged Patrick Elmore, while employed at Edward Jones, executed an unauthorized trade. The complaint settled for an unspecified amount.

If you have lost money investing with Patrick Elmore or Raymond James Financial Services, you may be able to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover money. You may have a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.