According to records provided by the Financial Industry Regulatory Authority, former Minnesota-based Oak Ridge broker Nathan Elmhorst is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Elmhorst (CRD# 2504775).
Nathan Elmhorst has spent eighteen years in the securities industry and was most recently registered with Oak Ridge Financial Services Group in Golden Valley, Minnesota (2012-2013). Previous registrations include Feltl & Company in Minneapolis, Minnesota (2005-2012); Miller Johnson Steichen Kinnard in Minneapolis, Minnesota (1995-2005); and Westonka Investments in Minnetonka, Minnesota (1994-1995).
According to his BrokerCheck report, Nathan Elmhorst is the subject of one customer complaint and one pending customer complaint.
In 2013 a customer alleged Nathan Elmhorst, while employed at Feltl & Company, recommended unsuitable investments, committed common law fraud, acted negligently, breached his fiduciary duty, engaged in unjust enrichment, and committed various other “state statute violations.” The complaint settled in 2015 for $150,000.
In 2013 a customer alleged Nathan Elmhorst, while employed at Oak Ridge Financial Services Group, made unauthorized trades and executed transactions on margin without authorization. The customer is seeking $14,000 in damages in the pending complaint.
If you have lost money investing with Nathan Elmhorst, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recoup your losses. All cases are taken on contingency, which means Fitapelli Kurta 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.