A Dunham Mortgage Fund investor recently received compensation for the losses he suffered on his Dunham investment from the stock brokerage firm that sold him that investment. The Dunham Mortgage Fund investor sued Cetera Financial and two other financial service providers in FINRA arbitration, for more than $2.5 million.
The Dunham Mortgage Fund investor charged Cetera Financial and the other two respondents with misrepresentation, negligence, breach of fiduciary duty, and supervisory failures. He argued that the Dunham Mortgage Fund was not suitable for his risk profile, and Cetera and the other two respondents should not have sold him that investment.
Securities attorneys Jason Kane and Joe Peiffer are investigating potentially unsuitable sales of Dunham Mortgage Fund investments to elderly investors.
Investors who lost money invested in Dunham Mortgage Funds may contact attorneys Jason Kane or Joe Peiffer at 585-310-5140, for a free evaluation of their recovery options. Typically, disputes in FINRA arbitration are subject to strict eligibility rules and claims not timely filed may be lost forever.