Investors Seek $1.3 Million in Disputes with Brittani Cooper

Brittani Cooper (CRD #: 6327801), a broker formerly registered with Arete Wealth Management, allegedly recommended an unsuitable investment, according to her BrokerCheck record, accessed on April 15, 2025. If you have questions about her alleged conduct as a broker, read on.

Investor Disputes

Two pending disputes, filed on September 17, 2024, and January 30, 2025, allege that Brittani Cooper unsuitable investment recommendations. They seek a total of $1.3 million in damages.

On June 15, 2022, Britanni Cooper was named in a dispute against Arete Wealth Management alleging common law fraud, unjust enrichment, negligence (including negligent misrepresentation/omission and supervision), breach of contract, and violation of the Missouri’s Securities Act Section 409-5.501. The client further alleged that the firm’s misconduct was related to their investment in GWG L-Bonds.

The investor was awarded $118,722.70 in damages. You can read the award here.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take investors’ profiles into account when recommending investments. An investor’s profile contains information about their age, financial goals, and tax status.

Common violations of this rule include:

• Recommendations of high-risk or illiquid investments. Illiquid investments, in particular, can incur high fees for investors who try to sell them in the short term.
• Executing an excessive number of trades. Excessive trading can quickly generate high fees and commissions that cut into the client’s returns.
• Recommendations of unsuitable Investment strategies. For instance, overconcentration in a single stock or sector can expose an investor to an unsuitable amount of risk.

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

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

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.

FINRA Rule 2010

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

Missouri Securities Act

Missouri Securities Act Section 409.5-501 prohibits fraudulent business practices and the use of untrue statements and omissions of fact to enact fraud.

What are Blue Sky Laws?

Blue sky laws like the Missouri Securities Act are state securities regulations that provide investors with an extra layer of protection against fraud. They typically also define which types of investments must register with the state securities board.

Background Information

Brittani Cooper has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 6TO – Investment Company Products/Variable Contracts Representative Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination

She previously worked for Arete Wealth Management (CRD#:44856) and Edward Jones (CRD#:250).

Kurta Law Can Help

If you worked with Brittani Cooper and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want 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.