The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Virginia-based Cetera Advisors broker/adviser Curtis Pilson (CRD# 1853722).
Curtis Pilson has spent 27 years in the securities industry and has been registered with Cetera Advisors in Collinsville, Virginia since 1999. Previous registrations include American Express Financial Advisors in Minneapolis, Minnesota (1988-1999) and IDS Life Insurance Company in Minneapolis, Minnesota (1988-1999). He is a registered broker and investment adviser in eighteen US states and territories.
According to his BrokerCheck report, Curtis Pilson is the subject of one customer complaint and two denied customer complaints.
In October 2015 a customer alleged Curtis Pilson, while employed at Cetera Advisors, churned the account, executed unauthorized trades, and recommended unsuitable investments. The complaint settled in January 2016 for $60,000.
In 2014 a customer alleged stockbroker Curtis Pilson, while employed at Multi-Financial Securities Corporation, accepted an “unauthorized distribution document to remove assets.” The customer sought unspecified damages in the complaint, which was denied.
In 2003 a customer alleged Curtis Pilson, while employed at Multi-Financial Securities Corporation, recommended unsuitable mutual funds. The customer sought $5,000 in damages in the complaint, which was denied.
According to FINRA rules and federal securities law, brokers and investment advisers like Curtis Pilson are prohibited from executing transactions without a customer’s authorization. There are some exceptions, including discretionary accounts and, in certain circumstances, margin accounts. Brokers, investment advisers, and broker-dealer firms who effect unauthorized trades may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you have lost money investing with Curtis Pilson, you may be entitled to recoup 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 a contingency basis, which means we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.