SEC has accused Jeremy Drake of HCR Wealth Advisor of defrauding a professional athlete of $1.2 Million

Furgison Law Group is taking cases against HCR Wealth Advisors related to misconduct by Jeremy Drake 

Matthew Martin Howley

The securities fraud lawyers at Furgison Law Group are currently investigating claims against HCR Wealth Advisors related to misconduct by Jeremy Joseph Drake (CRD #4845025). The arbitration attorneys at Furgison Law Group are investigating claims involving allegations of fraud, breach of fiduciary duty, failure to supervise, misrepresentations, omissions of material facts, conflict of interests, violations of state and federal securities laws, along with other broker misconduct. The claims relate to allegations that Jeremy Drake deceived his clients about the advisory fees they were paying, falsified account statements and other account documents.

HCR Wealth Advisors Terminated Jeremy Drake For Misconduct

According to his CRD report, HCR terminated Mr. Drake on or about July 8, 2016. HCR Wealth Advisors concluded, "Mr. Drake was involved in misconduct and falsifying documents with respect to the client's accounts."

Investors Have the Right to Recover Their Losses

When investments are sold by brokerage firms licensed by FINRA, they are subject to the laws that FINRA enforces. The brokerage firms are responsible for ensuring that their brokers are trading fairly, ethically and in the best interest of their clients. Ideally, they would accomplish this through careful supervision. Unfortunately, too often this supervision has been inadequate to fully protect investors. If you purchased any investments through a representative of a registered brokerage firm and suffered loses through negligence or fraud, it immediately puts the brokerage firm at fault for failing to supervise their broker. FINRA law then dictates that you can hold the firm legally liable to recover your damages.

Can I recover my investment losses?

If you were deceived by or lost a substantial portion of your retirement savings or other assets as a result of investments purchased through Jeremy Drake at HCR, please contact us immediately. Our investment fraud lawyers have recovered millions of dollars from the largest banks, insurance companies and brokerage firms in the world on behalf of investment fraud victims. You may have certain legal rights that require your immediate attention. Time is of the essence in these claims. The sooner you act, the greater your chances of recovering your investment losses. Don't wait. Contact us TODAY for a FREE Consultation and case evaluation. We will tell you if you have a viable claim worth pursuing.