Julie Cohen Faced Allegations Of Breach Of Contract

Investors have come forward with complaints about securities broker Julie Lan Cohen (also known as Julie Law) (CRD: 1424275, Camarillo, California). Evidently, the securities broker, who worked for Mutual Securities Inc., discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Mutual Securities Inc. clients allege that Cohen breached a contract, breached a fiduciary duty, committed elder abuse, was negligent, made misrepresentations, failed to supervise certain representatives, violated state securities laws, and violated federal securities laws. For more on these disclosures about Cohen, see below.

Cohen Disclosed Breach Of Contract Allegations By Mutual Securities Inc. Client

Particularly, a client of Mutual Securities Inc. contested Julie Cohen’s sales practices by filing FINRA Arbitration: 19-00408. Allegedly, Cohen breached a contract, breached a fiduciary duty, committed elder abuse, was negligent, made misrepresentations, failed to supervise certain representatives, violated state securities laws, and violated federal securities laws. It appears that Cohen caused the client to sustain damages on penny stocks and over-the-counter equities. Therefore, FINRA Arbitrators issued an Award dated October 15, 2021 compelling Mutual Securities Inc. and Cohen to compensate clients collectively in the amount of $727,000.

Julie Cohen Disclosed Breach Of Fiduciary Duty By Mutual Securities Inc. Client

Specifically, a client of Mutual Securities Inc. contested Julie Cohen’s sales practices by filing Civil Suit: 20-cv-3653 on December 15, 2020. Allegedly, Cohen breached a fiduciary duty, breached a contract, was negligent, made omissions, made misrepresentations, violated FINRA rules, and violated state securities laws. Supposedly, Cohen caused the client to sustain damages on over-the-counter equities. Therefore, the client seeks compensatory relief from Mutual Securities Inc. or Cohen in the amount of $500,000 in this ongoing matter.

Mutual Securities Inc. Investor Accused Cohen Of Misrepresentation

Also, on August 1, 2019, a Mutual Securities Inc. client filed Civil Suit: 20-cv-02928-MEH about Julie Cohen. Namely, the client alleged that Cohen made misrepresentations, made omissions, breached a contract, breached a fiduciary duty, and was negligent. Because of this, the client allegedly sustained damages on over-the-counter equities. Therefore, the client requested compensation from Mutual Securities Inc. or Cohen.

Employment Information

Cohen joined Mutual Securities Inc. as a securities broker in January 2008. She has worked for Mutual Advisors LLC as a financial advisor since July 2013.

Did Mutual Securities Inc. Securities Broker Julie Cohen Cause You To Experience Damages?

Sustained damages due to securities broker Julie Cohen? If you have, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for investors within all 50 states, represents clients on a contingency fee basis and advances costs. Cohen and brokerage firms Cohen worked for deny any and all allegations of sales practice violations.