The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Christopher Burtraw. According to his publicly available FINRA BrokerCheck report, Christopher Burtraw has been the subject of multiple customer disputes.
Christopher Burtraw was a Colorado based securities broker. He worked in the securities industry for twelve years. During his career, he was registered with four different securities firms. He is no longer working as a registered securities broker in any fashion.
His Registrations
- Edward Jones (2003-2004)
- LPL Financial Corporation (2004-2009)
- Purshe Kaplan Sterling Investments (2009-2014)
- J.P. Turner & Company (2014-2015)
The Allegations
- In August 2016, a customer alleged that Christopher Burtraw made unsuitable investment recommendations, committed fraud, and made material misrepresentations with regard to non-traded REITs, non-traded BDCs, and variable annuities. This case was settled for $33,000 in damages.
- In September 2016, an attorney, on behalf of a customer, alleged that Christopher Burtraw, solicited customers of his member firm to purchase promissory notes directly through him instead of through his member firm at the time. This case was settled for $100,000 in damages.
- In September 2016, Christopher Burtraw was charged with theft by the state of Colorado. He was later convicted of this crime. He was sentenced to four years of probation and one year of work release. He was also ordered to pay $75,000 in restitution. He was also barred by the Securities and Exchange Commission from acting as a securities broker in any fashion following the conviction.
- In December 2019, a customer alleged that Christopher Burtraw recommended an unsuitable investment, breached contract, and breached his fiduciary duty in connection with non-traded BDCs. This case was settled for $14,990 in damages.
Oakes & Fosher Can Help
Many investors are unaware of the legal recoruse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Christopher Burtraw, please contact Oakes & Fosher for a free and private consultation. Oakes & Fosher handles cases on a contingency basis, which means there are no fees charged unless we collect for you.
