Investors possibly experienced sales practice violations because of securities broker Peter Raymond Dorn [CRD: 1089858, McDonough, Georgia], according to disclosures on FINRA BrokerCheck. Evidently, Peter Dorn has worked for Cape Securities Inc. since June 16, 2017. Check out the following information about the securities broker’s disclosures.
Particularly, a client filed a complaint about Peter Dorn. Supposedly, Dorn made unsuitable recommendations. Because of this, the client allegedly incurred damages through investing in alternative investments. As a result, on April 11, 2025, Cape Securities Inc. settled this matter by paying the client $50,000.00 in damages.
Also, a Cape Securities Inc. client filed FINRA Arbitration No. 22-00472 about Peter Dorn. Supposedly, Dorn failed to supervise individuals, breached a contract, breached his fiduciary duty, made omissions of material fact, made misrepresentations, made unsuitable recommendations, and was negligent. Because of this, the client allegedly incurred damages through investing in direct investments, viatical settlements, asset-backed bonds, and real estate securities. Consequently, on March 1, 2023, Cape Securities Inc. settled this matter by paying the client $142,000.00 in damages.
Additionally, a client of Berthel Fisher Company Financial Services Inc. contested Peter Dorn’s sales practices, according to a complaint. Allegedly, Dorn made unsuitable recommendations, breached his fiduciary duty, made misrepresentations, and failed to perform due diligence. Allegedly, Dorn caused the client to sustain damages through investments in tenant in common properties. Therefore, Berthel Fisher Company Financial Services Inc. opted to settle the matter on September 9, 2011, by compensating the client in the amount of $41,250.00.
Are you concerned regarding investments you made with Peter Dorn? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer about a possible recovery. Soreide Law Group has recovered losses for clients located throughout the country. The law firm also takes cases on a contingency fee arrangement and advances all costs. Dorn and the securities firms Dorn worked for deny accusations of sales practice violations.
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