Alexander Kline is the Subject of Multiple Investor Disptues

Alexander Kline (CRD #: 1271785), a broker registered with Cambridge Investment Research, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on March 13, 2024. Investors should know that this is the seventh investor dispute on his record.

Investor Allegations

On January 19, 2024, an investor alleged that Alexander Kline recommended a non-traditional investment without presenting the required risk disclosures. The investor further alleged that this resulted in $110,000. 

On October 31, 2023, an investor alleged that Alexander Kline recommended unsuitable investments and made misrepresentations. The investor is seeking $500,000. 

On September 15, 2021, an investor alleged he was unable to redeem alternative investments sold by the financial professional. The disput settled for $41,585.27. 

FINRA Rule 2111 – Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Alternative investments are often too risky for investors and are therefore unsuitable. 

Background Information 

Alexander Kline has passed the following exams: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination
• Series 6 Investment Company 
• Series 24 General Securities Representative Examination

He is a registered broker in 22 states and is a registered investment adviser in Pennsylvania, Texas, and Wyoming. 

Alexander Kline has 39 years of experience and has registered with 12 firms. These are the five most recent: 

• Cambridge Investment Research (CRD #: 39543) 
• Cambridge Investment Research Advisors (CRD #: 134139) 
• Prospera Financial Services (CRD #: 10740) 
• The Huntington Investment Company (CRD #: 16986) 
• M&E Investment Group (CRD#: 123885) 

Kurta Law Can Help 

If you have worked with Alexander Kline and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.