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Tim Hakes is Facing Allegations of Misappropriation

Tim Hakes (CRD #: 2399374), a broker registered with Private Client Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on April 4, 2024. Investors should know that this is the fourth investor dispute on his record. 

Investor Allegations 

On January 19, 2024, an investor alleged that Tim Hakes misappropriated funds. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Misappropriation, also known as conversion, violates this rule. 

Background Information 

Tim Hakes has passed the following exams:

  • Series 66 Uniform Combined State Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination
  • Series 24 General Securities Representative Examination 

He is a registered broker in 44 states and D.C. He is a registered investment adviser on Kansas and Texas. 

During his 29 years of experience, Tim Hakes has registered with the following firms: 

  • Private Client Services (CRD #: 120222) 
  • Prime Capital Investment Advisors (CRD #: 288712) 
  • Fiduciary Investment Trusts (CRD #: 296964) 
  • Cambridge Investment Research (CRD #: 39543) 
  • Lawing Financial (CRD #: 117178) 
  • The O.N. Equity Sales Company (CRD #: 2936) 
  • Mason James Asset Management (CRD #: 118329) 
  • Edward D. Jones & Co. L.P. (CRD #: 250) 

Kurta Law Can Help 

If you have worked with Tim Hakes and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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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