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Investor Alleged Christopher Hain Failed to Follow Instructions

May 6, 2022 General

Christopher Hain (CRD #: 4740566), a broker registered with Robert W. Baird & Company, was involved in an investor dispute, according to his BrokerCheck record, accessed on April 28, 2022. Read on if you have questions about Christopher Hain’s conduct as a broker.

Alleged Failure to Follow Instructions

On January 5, 2022, a trustee alleged that Christopher Hain failed to follow her instructions and put certain trust accounts into more aggressive investments in January 2021, leading to a 6% return on investment (ROI) instead of a 20% ROI.

According to the trustee, her brother also has an account managed by Christopher Hain which received a 20% ROI, and that forms the basis of her allegation that the children’s trusts should also have earned a 20% ROI in 2021.

This dispute was denied by the firm. However, investors should know that firms can deny disputes without allowing an external review. Investors can still pursue FINRA arbitration after a denial.

What is Failure to Follow Instructions?

Failure to follow instructions can be considered a violation of several FINRA rules. FINRA Rule 2010 holds brokers to high standards of professional honor.

Background Information

Christopher Hain has passed the following exams:

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

Christopher Hain is a registered broker in 28 states and a registered investment adviser in Florida and Texas.

He has also worked for Wells Fargo Advisors (CRD#:19616) and A. G. Edwards & Sons (CRD#:4).

Kurta Law Can Help

If you worked with Christopher Hain 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 and 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.