Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on April 16, 2019 indicate that former Louisiana-based Commonwealth Financial Network broker/adviser Benjamin Bourgeois, who was terminated from a former employer and is currently not affiliated with any broker-dealer firm, has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Benjamin Bourgeois (CRD# 728368).
Benjamin Bourgeois has spent 27 years in the securities industry and was most recently registered with Commonwealth Financial Network in Metairie, Louisiana (2015-2019). Previous registrations include LPL Financial in Metairie, Louisiana (2014-2015); Sterne Agee & Leach in New Orleans, Louisiana (2009-2014); FBT Investments in Harvey, Louisiana (2001-2009); Sisung Securities Corporation in New Orleans, Louisiana (2000-2001); Invest Financial Corporation in Appleton, Wisconsin (2000); American Fronteer Financial Corporation in Denver, Colorado (1996-2000); Dickinson & Company in Des Moines, Iowa (1994-1996); and FN Wolf & Company (1991-1994). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 22, 1999; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on May 13, 1991; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on May 15, 1991; and Series 24 (General Securities Principal Examination), which he obtained on June 1, 1994. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one customer complaint and one pending customer complaint, and was discharged from his former employer in connection to alleged rule violations.
In April 2019 a customer alleged Benjamin Bourgeois, while employed at Commonwealth Financial Network, converted funds, employed “devices, schemes or artifices to defraud,” misrepresented material facts, and committed fraud. The customer is seeking $519,000 in damages in the pending complaint.
In April 2019 he was terminated from his position at Commonwealth Financial Network in connection to allegations he borrowed money from a customer, violating FINRA rules and firm policy.
In 2002 a customer alleged Benjamin Bourgeois, while employed at FBT Investments, recommended an unsuitable variable annuity about which he failed to disclose various charges and risks. The complaint settled for $9,000.
If you or someone you know has lost money investing with Benjamin Bourgeois, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.