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Investor Alleges John Becker Failed to Fully Disclose Facts

Dec 9, 2022 Misrepresentation

John Becker (CRD #: 5928771), a broker registered with Pruco Securities, allegedly failed to make full disclosure, according to his BrokerCheck record, accessed on December 5, 2022. Investors may have also worked with him through Prudential Financial Planning Services. Read on if you want to know more about his alleged conduct as a broker.

Investor Dispute

On September 27, 2022, an investor alleged John Becker failed to fully disclose facts related to the client’s investment objectives and the suitability of investments. This dispute is pending.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must examine the investor’s profile, which describes their risk tolerance, age, tax status, and other characteristics.

Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent tactics to influence investors’ decisions. Misrepresenting or omitting facts related to investments violates this rule.

Background Information

John Becker 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 6 – Investment Company Products/Variable Contracts Representative Examination

John Becker is a registered broker in 26 states and a registered investment adviser in Florida, Missouri, and Texas.

Kurta Law Can Help

If you worked with John Becker 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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