Christopher Charles Burtraw, of Lakewood, Colorado, a former stockbroker for JP Turner., is the subject of a customer initiated investment related arbitration claim on July 10, 2017, in which the customer sought $1,000,000.00 in damages based upon allegations that Burtraw effected unsuitable transactions in the customer’s account concerning business development companies and real estate investment securities. The customer further alleged that Burtraw made misrepresentations to the customer, committed fraud, and failed to repay the customer according to a promissory note agreement that Burtraw entered into with the customer.
FINRA Public Disclosure reveals that Burtraw has been subject of three additional customer initiated investment related disputes pertaining to allegations of his wrongdoing while he was associated with LPL Financial, LLC, and Purshe Kaplan Sterling Investments. Particularly, on March 15, 2017, a customer initiated investment related written complaint regarding Burtraw’s activities was resolved for $100,000.00 in damages resting on accusations that Burtraw solicited the customer’s promissory notes away from the firm.
Then, on June 21, 2017, a customer initiated investment related arbitration claim involving Burtraw’s conduct was settled for $500,000.00 in damages based upon allegations including fraud, misrepresentation, and unsuitable investment recommendations pertaining to business development companies, real estate securities, and variable annuities. The customer claimed that Purshe Kaplan Sterling Investments failed to supervise Burtraw’s activities in that regard.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
