Are you an investor who’s recently been given the runaround? If so, you’re not alone. An allegation has surfaced that’s serious enough to make your ears prick up. A client of Joseph Cerullo at Edward D. Jones & Co., L.P. (Edward Jones) has lodged a complaint, alleging that he was misled into purchasing a 6-month CD when he was expecting the 12-month CD rate. The discrepancy has cost him $5,000.00. This case is currently pending and under investigation by Haselkorn & Thibaut, a national investment fraud law firm.
Investment Fraud Red Flags
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Investment fraud is a serious matter and it’s crucial to be aware of the red flags. First off, if the return on an investment seems too good to be true, it probably is. Secondly, be wary of investments that are described as ‘risk-free’. There’s no such thing as a risk-free investment. Thirdly, watch out for aggressive sales tactics. Legitimate advisors don’t need to push their clients into making an investment. Lastly, if you don’t receive documentation or if the documentation you receive is difficult to understand, that’s a red flag.
The Allegation
In layman’s terms, the client believed he was investing in a 12-month CD with a specific return rate. Instead, he ended up with a 6-month CD which has a lower return. This discrepancy led to a loss of $5,000.00. Joseph Cerullo, the advisor in question, is currently being investigated by Haselkorn & Thibaut.
How FINRA Arbitration Can Help
But don’t fret! There’s a silver lining. FINRA Arbitration can help investors recover losses. This is where Haselkorn & Thibaut comes in. With offices in Florida, New York, North Carolina, Arizona, and Texas, they are a national investment fraud law firm with over 50 years of experience. They have a remarkable 98% success rate and have helped countless investors recover their financial losses.
What’s more, Haselkorn & Thibaut offers a “No Recovery, No Fee” policy. This means that you won’t have to pay a dime unless they win your case. They also offer a free consultation at 1-800-856-3352. So, if you’ve been a victim of investment fraud or if you’ve had a similar experience to the client in this case, don’t hesitate to give them a call.
To sum up, investment fraud is a grave matter. But with the right help and knowledge, you can recover your losses and secure your financial future. Stay vigilant, be aware of the red flags, and don’t hesitate to seek professional help when you need it.
