Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 1, 2019 indicate that former Utah-based LPL Financial broker/adviser Craig Nelson, who has received customer disputes, was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Nelson (CRD# 2536023).
Craig Nelson has spent 24 years in the securities industry and was most recently registered with LPL Financial in St. George, Utah (2012-2019). Previous registrations include Financial Network Investment Corporation in Salt Lake City, Utah (2008-2011); Royal Alliance Associates in Salt Lake City, Utah (2002-2008); Signator Investors in Boston, Massachusetts (1994-2002); and John Hancock Mutual Life Insurance Company in Boston, Massachusetts (1994-1997). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 20, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 13, 1994; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on November 8, 2007; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on September 2, 1994. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received two customer complaints and two unsatisfied tax liens, and was recently discharged from a former employer in connection to alleged rule violations.
In January 2019 he was terminated from his position at LPL Financial in connection to allegations involving the untimely reporting of a customer complaint.
In December 2018 a customer alleged Craig Nelson, while employed at LPL Financial, did not follow instructions in connection to mutual fund and exchange-traded fund investments. The complaint settled for $40,000.
In 2018 the State of Utah filed a tax lien totaling $12,742 against him. The lien remains outstanding.
In 2018 the State of Utah filed a tax lien totaling $19,813 against him. The lien remains outstanding.
In 2012 a customer alleged Craig Nelson, while employed at Royal Alliance Associates, recommended an unsuitable investment in Reef Oil & Gas and Development Fund III. The complaint settled for $140,000.
If you or someone you know has lost money investing with Craig Nelson, 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.