Warning: MICHAEL FRANCOEUR of Cambridge Investment is BARRED
Have you lost money with financial advisor Michael Paul Francoeur of Somersworth, New Hampshire? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority. FINRA barred Francoeur after he failed to respond to an investigation. FINRA was investigating him after he was terminated by his former brokerage firm, Cambridge Investment Research, regarding allegations that he assisted a client with an investment that was not approved by Cambridge Investment Research.
Michael Paul Francoeur was a financial advisor and registered representative of Cambridge Investment Research from January 2012 to April 2020. He worked at branch offices in Somersworth, New Hampshire.
Brokerage firms like Cambridge Investment Research have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout New Hampshire. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Cambridge Investment Research.
If you lost money with Michael Francoeur or Cambridge Investment Research, please CONTACT US at 303-599-3505 for a free evaluation of your case.
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