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Randall Mason Facing Six-Figure Dispute Following Allegations of Unsuitable Investments

Mar 8, 2022 Unsuitable Investments

Randall Mason (CRD #: 1758777), a broker registered with Cetera Advisors, is involved in an investor dispute, according to his BrokerCheck record, accessed on February 24, 2022. Concerned investors should review the allegations.

On November 30, 2021, an investor alleged that Randall Mason recommended unsuitable investments. They further alleged that he failed to conduct adequate due diligence. The investor is seeking $134,000; the dispute is pending.

FINRA Suitability Requirements

Brokers are required to do their due diligence and research an investment product before they recommend it to their investors. They must also be familiar with their customer’s needs before they can make suitable recommendations. FINRA Rule 2111 requires that investors take the following factors into account before they recommend an investment:

  • Age
  • Financial situation and needs
  • Tax status
  • Investment objectives
  • Investment experience
  • Risk tolerance

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

Background Information

Randall Mason 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 6 Investment Company Products/ Variable Contracts Representative Examination
  • Series 26 Investment Company Products/ Variable Contracts Principal Examination

He is a registered broker in nine states and is a registered investment adviser in Colorado.

Randall Mason has worked with the following firms:

  • SPC (CRD #: 110692)
  • Parkland Securities (CRD #: 115368)
  • Walnut Street Securities (CRD #: 15840)
  • Workman Securities Corporation
  • GDN Securities (CRD #: 23958)
  • Amev Investors (CRD #: 421)

Kurta Law Can Help

If you have worked with Randall Mason and have concerns about your investments, don't hesitate to contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated on behalf of investors who have lost money following broker fraud or misconduct. Kurta Law is a nationally recognized law firm and exclusively represents investors on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Our attorneys will work tirelessly to restore your lost funds and get your financial future back on track.