Close Menu
Free Consultation: 888-976-6111

Peter Cunningham: Complaints Against Beverly Hills Financial Advisor

Investor complaints against Beverly Hills, California broker and investment advisor Peter Cunningham (CRD#: 2400211) allege conduct including unsuitable transactions, negligence, misrepresentation, and more. A representative of Stockcross Financial Services, Cunningham was recently sanctioned by Massachusetts securities regulators over alleged short-term UIT trading, according to information drawn from Financial Industry Regulatory Authority records.

The 2018 action by the Massachusetts Securities Division alleged that Peter Cunningham made fraudulent misrepresentations of material facts and engaged in short-term trading of unit investment trust products. He was censured, ordered to cease-and-desist, and required to take forty hours of securities industry education courses within 12 months of September 3, 2019.

A 2012 complaint alleged that as a representative of Stockcross Financial Services, Peter Cunningham executed unsuitable transactions in her account for a period of ten years and omitted material facts regarding investments. The firm settled the complaint for $150,000.

A 2012 complaint alleged that as a representative of Stockcross Financial Services, Peter Cunningham acted negligently, recommended unsuitable investments, and misrepresented or omitted material facts regarding mutual funds, unit investment trusts, and structured products. The complaint reached a settlement of $90,000.

A 2005 complaint alleged that as a representative of TD Waterhouse Investor Services, he acted negligently and committed fraud. The complaint reached a settlement of $65,103.

A 2000 complaint alleged that as a representative of TD Waterhouse Investor Services, he recommended unsuitable investments. The complaint resulted in an award to the customer of $40,000.

Peter Cunningham is currently registered with Stockcross Financial in Beverly Hills, California, where he has been registered since 2002. His employment history includes Muriel Siebert & Company in Beverly Hills, California; TD Waterhouse Investor Services in Omaha, Nebraska; and Kennedy Cabot & Company in Beverly Hills, California. He currently holds 25 state licenses and has passed three securities industry qualification examinations.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Richard Brittain: Equitable Advisor Faces Variable Annuity Complaint

    A recent investor complaint against Valencia, California financial advisor Richard Brittain (CRD# 5928857) alleges that his conduct resulted in losses....

    Read More
  • Jennifer McIntyre: Did Raymond James Advisor Misappropriate Funds?

    Chattanooga financial advisor Jennifer McIntyre (CRD# 5853811) allegedly misappropriated funds, according to a recent investor complaint. Financial Industry Regulatory Authority...

    Read More
  • James Blaszyk: $400K Complaint Against Wells Fargo Advisor

    A recent investor complaint against Boynton Beach, Florida financial advisor Jim Blaszyk (CRD# 5364851) alleges that his investment advice resulted...

    Read More
  • Joe Natoli: New York Fines Park Avenue Securities Advisor

    New York City financial advisor Joe Natoli (CRD# 5364851) was recently sanctioned by the New York State Department of Financial...

    Read More
  • Previous
  • Next