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Joey Hobbs Allegedly Failed to Follow the Investor’s Instructions

Joey Hobbs (CRD #: 5092184), a broker registered with Cetera Advisor Networks, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 17, 2024. Details concerning this dispute are provided below. 

Investor Allegations 

On June 6, 2024, an investor alleged that Joey Hobbs failed to follow the customer’s instructions and purchased a different product than requested. The investor is seeking $235,000. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to follow instructions violates this rule. 

Background Information 

Joey Hobbs 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 7 General Securities Representative Examination
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination 

He is a registered broker in five states and is a registered investment adviser in Oklahoma and Texas. 

During his 17 years of experience, Joey Hobbs has registered with the following firms: 

  • Cetera Advisor Networks (CRD #: 13572) 
  • Cetera Investment Advisers (CRD #: 105644) 
  • LPL Financial (CRD #: 6413) 
  • BOK Financial Securities (CRD #: 17530) 
  • Cetera Investment Services (CRD #: 15340) 
  • MML Investors Services (CRD #: 10409) 
  • Wachovia Securities (CRD #: 19616) 

Kurta Law Can Help 

If you have worked with Joey Hobbs 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.

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