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Brent Fuchs Allegedly Recommended Unsuitable Oil and Gas Investments

Brent Fuchs (CRD #: 4269916), a broker registered with Lincoln Financial Advisors Corporation, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on May 2, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

There are seven investor disputes alleging Brent Fuchs recommended unsuitable oil and gas investments. Investors are seeking amounts ranging from $40,000 to $295,000. Energy investments are often unsuitable due to their high risk.

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status
  • Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Brent Fuchs has passed the following exams: 

  • Series 66 – Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He is a registered broker in 28 states and is a registered investment adviser in Delaware and Maryland. 

During his 23 years of experience, he has registered with two firms: Lincoln Financial Advisors Corporation (CRD #: 3978) and The Lincoln National Life Insurance Company (CRD #: 2580). 

Kurta Law Can Help 

If you have worked with Brent Fuchs and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.

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