Gihan Fernando is Facing Allegations of Misrepresentation

Gihan Fernando (CRD #: 4469669), a broker registered with Cetera Investment Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on February 26, 2024. Keep reading if you have questions about his 20 disclosures. 

Investor Disputes

On January 30, 2024, an investor alleged that Gihan Fernando made misrepresentations. The investors sought $200,000 and settled for $61,596.37. 

According to allegations filed on December 21, 2023, Gihan Fernando misrepresented certain features of investment products. The investor is seeking $60,000. 

Settled Investor Disputes from 2023

There are sixteen settled disputes from 2023 alone. These disputes were collectively settled for over $1.8 million.

Misrepresentation 

FINRA Rule 2020 forbids 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.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 also violate FINRA Rule 2010. 

Background Information 

Gihan Fernando 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 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination

During his 21 years of experience, he has registered with three firms: 

• Cetera Investment Services (CRD #: 15340) 
• BOK Financial Advisors (CRD #: 17530) 
• Morgan Stanley (CRD #: 7556) 

Kurta Law Can Help 

If you have worked with Gihan Fernando 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.