Published on:

Drew Johnson (Sagepoint Financial): Broker Spotlight

Drew Johnson

The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Minnesota-based Sagepoint Financial broker Drew Johnson (CRD# 2449525).

Drew Johnson has spent 21 years in the securities industry and has been registered with Sagepoint Financial in Coon Rapids, Minnesota since 2012. Previous registrations include Girard Securities in Coon Rapids, Minnesota (2010-2012); Sammons Securities Company in Coon Rapids, Minnesota (2002-2010); Walnut Stret Securities in El Segundo, California (1997-2002); and Franklin Financial Services Corporation in Houston, Texas (1994-1997). He is a registered broker and investment adviser with eleven US states and territories: Arizona, California, Colorado, Florida, Iowa, Minnesota, North Dakota, South Dakota, Utah, Washington, and Wisconsin.

According to his BrokerCheck report, Drew Johnson is the subject of one customer complaint, two denied customer complaints, and one tax lien.

In October 2015 a customer alleged Drew Johnson, while employed at Girard Securities, recommended an unsuitable investment in a Bridge Loan. The customer sought $50,000 in damages in the complaint, which was denied.

In April 2015 a customer alleged Drew Johnson, while employed at Girard Securities, Sammons Securities, and Sagepoint Financial, made an unsuitable investment recommendation. The customer sought unspecified damages in the complaint, which was denied.

In 2005 a customer alleged Drew Johnson, while employed at Sammons Securities Company, committed fraud, misrepresented material facts related to an investment in mutual funds and other products, breached his fiduciary duty, and breached his duty of good faith and fair dealing. The complaint settled in 2006 for $50,000, to which Mr. Johnson individually contributed $5,000.

If you have lost money investing with Drew Johnson, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be 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.