Investors Seek Over $1.5 Million in Disputes with Brian Nelson

Brian Nelson (CRD #: 5065593), a broker registered with Emerson Equity, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on September 7, 2025. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

Disputes filed on August 24, 2024, and June 10, 2025, named Brian Nelson in allegations of common law fraud, unsuitable investment recommendations, and negligence. These disputes are currently pending.

Three pending disputes filed in 2024 and 2025, named Brian Nelson in allegations of breach of contract, common law fraud, and negligence. They also alleged that he violated state and federal laws, including:

• Utah Securities Act
• California securities laws
• California law concerning unfair, unlawful, and fraudulent business practices
• California financial elder abuse law
• Federal securities laws

One of these disputes seeks $760,000.

On July 3, 2024, an investor alleged that Brian Nelson breached his contract, engaged in unjust enrichment and negligence, and violated FINRA, NYSE, and SEC rules and regulations. The investor further alleged elder abuse and negligent supervision. They seek $500,000 in damages.

On April 17, 2023, an investor alleged that Brian Nelson engaged in negligence and common law fraud. They seek $300,000 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. These profiles contain information such as investors’ age, risk tolerance, and investment goals.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

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.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

FINRA Rule 2165

FINRA Rule 2165 prohibits the financial exploitation of elderly clients and clients with certain mental or physical impairments.

FINRA Rule 2150

FINRA Rule 2150 prohibits the improper use of investors’ funds.

FINRA Rule 3110

FINRA Rule 3110 requires that firms establish systems of supervision over their employees in order to detect and prevent violations of securities regulations. Among other things, firms must appoint supervisors and ensure that they have adequate training or experience.

Background Information 

Brian Nelson has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 

He is a registered broker in 27 states. 

During his 20 years of experience, he has registered with seven firms: 

• Emerson Equity (CRD #: 130032) 
• ARI Financial Services (CRD #: 137608) 
• XNergy Financial (CRD #: 144436) 
• Dimirak Securities Corporation (CRD #: 150181) 
• NelsonReid (CRD #: 45503) 
• Steven L. Falk & Associates (CRD #: 14297) 
• White Pacific Securities (CRD #: 42505) 

Kurta Law Can Help 

If you have worked with Brian Nelson 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.