Tim Hawkins is Facing a Multi-Million Dollar Suitability Dispute
Tim Hawkins (CRD #: 5800637), a broker registered with JP Morgan Securities, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 14, 2024. Keep reading if you have questions regarding his alleged conduct.
Investor Allegations
On April 30, 2024, an investor alleged that Tim Hawkins recommended an unsuitable investment strategy. The alleged activity took place from July 2021 to March 2024. The investor is seeking $103,700,000.
What is an Unsuitable Investment?
FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:
- Age
- Risk tolerance
- Time horizon (i.e., how long the investor plans to hold the investment)
- Investing experience
- Tax status
- Financial goals
Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.
Background Information
Tim Hawkins has passed the following exams:
- Series 65 Uniform Investment Adviser Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- Series 57TO Securities Trader Exam
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
He is a registered broker in 50 states, D.C., Puerto Rico, and Virgin Islands.
During his 13 years of experience, Tim Hawkins has registered with two firms:
- JP Morgan Securities (CRD #: 79)
- Roth Capital Partners (CRD #: 15407)
Kurta Law Can Help
If you have worked with Tim Hawkins and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.