Westlake Village Rep Christina Orta: Alternative Investment Complaint

Cambridge Investment Research representative Christina Orta (CRD# 3278327) has received a pending investor complaint alleging several forms of misconduct. Financial Industry Regulatory Authority records show that she is a stockbroker and investment adviser based in Westlake Village, Walnut Village, Oakland, and Pasadena, California. She is also registered as an investment adviser with Cooper McManus.

Ms. Orta’s BrokerCheck report discloses one pending investor complaint. Filed in 2021, the complaint alleges that as a representative of Securities America, she recommended unsuitable alternative investments that “caused financial harm.” It alleges further that she violated unspecified laws and rules, breached her fiduciary duty, acted negligently, negligently misrepresented material facts, and breached contract. The pending complaint alleges damages of $175,000.

Ms. Orta’s former member firm, Securities America, has received investor complaints as well. According to the firm’s own BrokerCheck report, it has received 27 complaints that resulted in FINRA arbitration awards. A 2015 complaint, for example, alleged breach of fiduciary duty, misrepresentation, unsuitable investment recommendations, and negligence, concluding with an award to the claimant of $552,693.02. Several years earlier, a 2010 complaint alleging breach of fiduciary duty, misrepresentation, negligence, and failure to supervise concluded with an award to the claimant of $1,155,466.01.

According to the Financial Industry Regulatory Authority, Christina Orta holds 14 years of securities industry experience. She is a stockbroker affiliated with Cambridge Investment Research in Westlake Village, Walnut Village, Oakland, and Pasadena, California, where she has been registered since 2020. She is also affiliated as an investment adviser with Cooper McManus in Westlake Village, Pasadena, Oakland, Walnut Creek, and Auburn, California, where she has been registered since 2014. Her past registration include Securities America (San Ramon, California; 2014-2020) and Walton Securities (Scottsdale, Arizona; 2007-2013). Her credentials include the passage of four securities industry examinations: the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7; and the General Securities Principal Examination, or Series 24. She holds 27 state licenses. (Information current as of March 14, 2022.)

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