John Mickelson Allegedly Recommended Unsuitable Energy Investments

John Mickelson (CRD #: 2628700), a broker registered with CreativeOne Securities, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on May 13, 2025. Investors may have also engaged her services through Strategic Advocates. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Disputes

On February 27, 2025, multiple investors filed a dispute alleging that John Mickelson recommended an unsuitable energy investment for the purpose of generating commissions and fees. The investors further alleged that they were deprived of the ability to generate reasonable returns due to their concentration in this investment. This dispute is currently pending.

On January 21, 2025, an investor alleged that John Mickelson recommended an alternative energy investment in order to generate high commissions and fees. The client further alleged that this investment was speculative. This dispute is pending.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must take into account the information described in an investor’s profile, such as their age, tax status, and risk tolerance.

This rule also applies to investment strategies. Overconcentration in a single sector or stock is often an unsuitable investment strategy because it exposes investors to a high degree of risk.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

Background Information

John Mickelson has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Securities Agent State Law Examination – Series 63

John Mickelson is a registered broker in 11 states and a registered investment adviser in Louisiana, Texas, and Utah.

He has also worked for the following firms:

• Crown Capital Securities (CRD#:6312)
• Cambridge Investment Research Advisors (CRD#:134139)
• Cambridge Investment Research (CRD#:39543)
• Woodbury Financial Services (CRD#:421)
• ESI Financial Advisors (CRD#:265)
• Equity Services (CRD#:265)
• NYLIFE Securities (CRD#:5167)

Kurta Law Can Help

If you worked with John Mickelson 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 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.