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Were you Sold LJMIX By John Pronovost?

John PronovostPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 6, 2018 indicate that Massachusetts and Connecticut-based Cambridge Investment Research broker/adviser John Pronovost has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Pronovost (CRD# 1990612).  Specifically, we are interested in speaking to customers who lost money investing in LJMIX, which you can read more about by clicking here.

John Pronovost has spent 28 years in the securities industry and has been registered with Cambridge Investment Research in Watertown, Connecticut and Nantucket, Massachusetts since 2008. Previous registrations include MML Investors Services in Watertown, Connecticut (1996-2008) and GR Phelps & Company (1989-1996). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on October 22, 1997; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 24, 1994; Series 7 (General Securities Representative Examination), which he obtained on April 4, 1995; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on September 27, 1989; Series 24 (General Securities Principal Examination), which he obtained on February 26, 2010; and Series 26 (Investment Company Products/Variable Contracts Principal Examination), which he obtained on April 28, 1994. He is registered with 31 US states and territories.

According to his BrokerCheck report, he has received one pending customer complaint.

In February 2018 a customer alleged John Pronovost, while employed at Cambridge Investment Research, recommended a mutual fund in 2016 that was unsuitable for his risk tolerance. The customer is seeking $150,000 in damages in the pending complaint.

If you or someone you know has lost money investing with John Pronovost, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: 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.