Andrew Dutton is Facing a Half-Million Dollar Dispute

Andrew Dutton (CRD #: 6869349), a broker registered with Peak Brokerage Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on February 20, 2024. Details concerning this dispute are provided below. 

On December 8, 2023, an investor alleged that Andrew Dutton breached his fiduciary duty and engaged in negligence. The investor is seeking $500,000. 

Fiduciary Duties

A fiduciary duty is a duty to work in a client’s best interest. Brokers are not fiduciaries, but they must follow the rules set forth by FINRA Rule 2111 and Regulation Best Interest. Registered Investment Advisers (RIAs) are fiduciaries, and brokers are often dually registered as RIAs.  (To learn more about the differences between brokers and Registered Investment Advisers, click here.) 

Negligence

Many types of broker misconduct may qualify as negligence. Typical examples include unsuitable investment recommendations, misrepresentations or omissions of material fact, and failure to follow instructions.

Background Information 

Andrew Dutton 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 

He has registered as a broker in six states and is a registered investment adviser in Pennsylvania. 

During his five years of experience, he has registered with six firms: 

• Peak Brokerage Services (CRD #: 157045) 
• Blackridge Asset Management (CRD #: 277085) 
• Chicago Capital Management Advisors (CRD #: 123483) 
• American Trust Investment Services (CRD #: 3001) 
• Primex (CRD #: 29394) 
• Sandlapper Securities (CRD #: 13706) 

Kurta Law Can Help 

If you have worked with Andrew Dutton and 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.