UPDATE! CAMERON HIGH and DAVID HANSEN Over-Billing Clients $11.8 M
Cameron High, formerly with Crown Capital Securities, Barred by SEC – Idaho Falls, ID
Have you lost money with financial advisor Cameron G. High of Idaho Falls, Idaho? We are continuing our investigation into allegations made by the Securities and Exchange Commission (SEC) against Cameron High, his co-owner David H. Hansen, and their firm Yellowstone Partners LLP. Previously, the SEC alleged that High and Hansen charged excessive advisory fees to their clients. It was alleged that they stole $11.8 million from over 120 accounts by over-billing their clients, since 2008.
In October 2019, the SEC barred High from the securities industry. The SEC cited to the conduct related to Yellowstone Partners LLP, and the fact that High pleaded guilty to wire fraud in March 2018. High is scheduled to be sentenced in May 2020.
Cameron High was a financial advisor and registered representative of Crown Capital Securities from 2006 to October 2017. David Hansen was also with Crown Capital Securities from 2006 to December 2010. They worked at branch offices in Idaho Falls, Idaho.
Brokerage firms like Crown Capital Securities 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 multiple offices throughout the U.S. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Idaho. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Crown Capital Securities. We offer contingency fee representation, meaning no recovery, no fees!
Click to view: High, Cameron SEC Order
Click to view: High, Cameron SEC Complaint
Click to view: High, Cameron BrokerCheck 10.1.19
If you lost money with Cameron High, David Hansen, Yellowstone Partners or Crown Capital Securities , please CONTACT US at 720-599-3505 for a free evaluation of your case.
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