Mason Gann, formerly with Berthel Fisher, Suspended from Securities Industry
Have you lost money with financial advisor Mason Gann from Dallas, Texas? We are looking into allegations made by FINRA (the Financial Industry Regulatory Authority) against Mason Wayne Gann. FINRA suspended him from the securities industry for three months, regarding allegations that he engaged in a risky, unsuitable options trading strategy in an elderly customer’s account.
Mason Gann was a registered representative and financial advisor with Berthel Fisher from June 2012 to February 2018. He worked out of a branch office in Dallas, Texas. Gann has also been the subject of three customer complaints, and he was also the subject of another FINRA investigation in April 2018.
Broker-dealers like Berthel Fisher have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives. Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations. When broker-dealers 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; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Texas and in the Dallas area. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Berthel Fisher.