Haselkorn & Thibaut Investigates Jason Christopher Cook – Berthel, Fisher & Company Financial Services Broker in Graham, NC
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If you’re an investor who has worked with Jason Christopher Cook (CRD 4349388) in Graham, North Carolina, at Berthel, Fisher & Company Financial Services, Inc., it’s important to stay informed and proactive about your portfolio. Haselkorn & Thibaut (investmentfraudlawyers.com), a national investment fraud law firm with over 50 years of experience, a 98% success rate, and millions recovered for investors, has opened an investigation into Mr. Cook’s activities following investor concerns, past settlements, and the risks associated with his investment recommendations.
Haselkorn & Thibaut is now offering complementary, confidential consultations. If you feel you’ve suffered investment losses, please call 1-888-994-8066 for a free review of your situation. There is no recovery, no fee.
Who Is Jason Christopher Cook?
- Name: Jason Christopher Cook
- Current Firm: Berthel, Fisher & Company Financial Services, Inc.
- Branch Location: 208 S. Marshall Street, Graham, NC 27253
- Other Roles: Investment Adviser Representative with BFC Planning, Inc. (since 2018)
- CRD Number: 4349388
- Licensing & Exams: Series 6, 7, 24, 63, SIE; Insurance licenses in multiple states; Certified Financial Planner designation
- Industry Experience: Over two decades, including previous experience at Raymond James Financial Services and Princor Financial Services Corporation
- Other Affiliations: Stokes Cook Wealth Management, local business/civic groups, real estate activities, volunteer work
Summary of Customer Complaints and Settlements
| Case # (Year Filed) | Nature of Allegations | Product Types | Settlement Amount |
|---|---|---|---|
| FINRA 23-01266 (2023) | Unsuitable and misrepresented investments from 2010–2017, failure to supervise/due diligence | Oil & Gas, Real Estate Securities | $27,650 |
| FINRA 22-01002 (2022) | Unsuitable and misrepresented recommendations, failure to supervise/due diligence | Variable Annuity, DPP/LP Interests, Oil & Gas, Real Estate Securities | $125,000 |
| FINRA 21-03132 (2021) | Over-concentration in non-traded REITs and LPs, unsuitability/misrepresentation, failure to supervise/training/due diligence | DPP/LP Interests, Real Estate Securities | $92,500 |
All three customer dispute settlements involved significant sums and allegations spanning issues of suitability, misrepresentation, and supervision failures regarding investments considered to be higher risk or illiquid, such as non-traded REITs, oil & gas programs, and limited partnerships.
Key Allegations Investors Should Know
- Unsuitable Investment Recommendations – Allegations that Mr. Cook recommended investments that did not fit some investors’ risk profiles, goals, or needs.
- Misrepresentation / Omission of Risks – Claims that clients were not fully informed about the risks or characteristics of the investments they purchased, possibly resulting in unexpected losses.
- Over-Concentration – Complaints about large portions of portfolios being concentrated in alternative investments, such as non-traded real estate investment trusts (REITs) or oil & gas ventures, potentially exposing clients to greater risk and illiquidity.
- Failure to Supervise/Due Diligence – Issues around whether Berthel, Fisher & Company Financial Services, Inc. performed adequate supervision over the recommendations and due diligence on the investment products being offered.
Regulatory, Criminal, and Civil Records Review
As of June 2024, a search of FINRA’s BrokerCheck and public domain legal/regulatory databases shows the following:
- No formal disciplinary regulatory actions or SEC proceedings involving Jason Christopher Cook as a respondent or subject.
- No criminal cases, bankruptcies, or financial liens reported in public or federal databases.
- No reported state court lawsuits or news-media investigations naming Mr. Cook personally.
However, the multiple FINRA arbitration settlements detailed above signal a trend that warrants your attention as an investor.
Red Flags and Potential Investor Risks
- Pattern of Settlements – Although not admissions of wrongdoing, repeated settlements related to similar allegations can point to persistent issues in a broker’s practice or supervision by the broker-dealer.
- Alternative Investments – Non-traded REITs, direct participation programs, and oil & gas ventures are complex and not suitable for every investor. If you were sold such products, especially in large concentrations, ensure you fully understand their risks.
- Supervisory Responsibilities – As a Certified Financial Planner and registered principal, Mr. Cook’s responsibility includes not only making appropriate recommendations but also upholding supervision standards. Allegations of failed supervision are serious and impact investor protection.
- Disclosure Gaps – While BrokerCheck currently does not show customer complaints/arbitrations, additional sources have confirmed these settled disputes. Always double-check your advisor’s complete background, including settlements and complaints not shown in summary reports.
What You Can Do Next
If you worked with Jason Christopher Cook at Berthel, Fisher & Company Financial Services, Inc. and have experienced unexpected losses, investment account statements that don’t make sense, or think your investments were misrepresented or unsuitable for your situation, you have options.
- Request a free, confidential case review with one of Haselkorn & Thibaut’s experienced attorneys.
- Gather your account statements, offering documents, and correspondence to prepare for a thorough review.
- Remember: our case reviews are complimentary and all cases are handled on a contingency fee basis – you pay nothing unless we recover for you.
Contact Haselkorn & Thibaut – Protect Your Rights
Our national team has assisted thousands of investors across the country. We understand the stress of investment losses, especially when they may have been preventable.
- No recovery, no fee
- Over 50 years of combined experience
- Millions recovered for investors nationwide
If you have concerns about your investments with Jason Christopher Cook at Berthel, Fisher & Company Financial Services, Inc., call Haselkorn & Thibaut at 1-888-994-8066 for a free, dedicated consultation. Our knowledgeable securities lawyers are here to help you every step of the way.
