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Investors Allege Jamie Hargrave Misrepresented Life Insurance Policy

Jamie Hargrave (CRD #: 3006122), a broker registered with Fortune Financial Services, allegedly misrepresented an insurance policy, according to his BrokerCheck record, accessed on December 5, 2022. Investors may have also worked with him through Prosperity Financial Group. If you want to know more about his alleged conduct as a broker, keep reading.

Investor Dispute

In a dispute filed on September 26, 2022, multiple investors alleged that Jamie Hargrave misrepresented the details of a life insurance policy. This dispute is currently pending.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of material facts related to investments.

FINRA Rule 2010

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

Background Information

Jamie Hargrave 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

Jamie Hargrave is a registered broker in California, Oregon, and Washington. He is also a registered investment adviser in California.

He has also worked for the following firms:

  • Ameriprise Financial Services (CRD#:6363)
  • Ameriprise Advisor Services (CRD#:5979)
  • Wells Fargo Advisors (CRD#:19616)
  • A. G. Edwards & Sons (CRD#:4)
  • Morgan Stanley DW (CRD#:7556)

Kurta Law Can Help

If you worked with Jamie Hargrave 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. 

 

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