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Kevin Albritton Allegedly Violated a FINRA Rule

Kevin Albritton (CRD #: 727420), a broker formerly registered with Cambridge Investment Research, is the subject of a pending dispute, according to his BrokerCheck record, accessed on September 2, 2022. If you have questions about his conduct as a broker, read on.

Investor Dispute

On June 21, 2022, an investor alleged that Kevin Albritton recommended an investment in order to generate high commissions and fees and that the client was unable to generate the returns of a more diversified portfolio. This dispute is pending.

FINRA Rule 2111 

FINRA Rule 2111 requires brokers to make investment recommendations that suit their investor’s financial goals. Brokers are not allowed to recommend investments solely for the sake of their own commissions. 

FINRA Rule 2010

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

Background Information

Kevin Albritton has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 22 – Direct Participation Programs Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination
  • Series 24 – General Securities Principal Examination

In the past, he worked for the following firms:

  • Cambridge Investment Research (CRD#:39543)
  • PlanMember Securities (CRD#:11869)
  • Great American Advisors (CRD#:36451)
  • PMG Securities Corporation (CRD#:27107)
  • First Heartland Capital (CRD#:32460)
  • W. S. Griffith & Company (CRD#:10410)     
  • Sentra Securities Corporation (CRD#:10249)
  • Home Life Equity Sales Corporation (CRD#:10410)
  • Home Life Insurance Company (CRD#:4184)

Kurta Law Can Help

If you worked with Kevin Albritton 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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