Christopher Gordon Allegedly Sold Unsuitable Oil & Gas Products
Christopher Gordon (CRD# 5714224), a broker registered with Centaurus Financial, recommended unsuitable oil and gas investments, according to investor disputes. MDF Law is investigating the Annapolis, Maryland-based financial professional for similar conduct. If you have concerns about investments in your accounts, contact us for a free consultation.
More information about the allegations against Mr. Gordon is available in this post. The information herein is sourced from his BrokerCheck profile, a Financial Industry Regulatory Authority (FINRA) record accessed on October 23, 2024. As it discloses, he does business as Milestones Financial Services and is the owner of Christopher Gordon Wealth Management.
Pending Disputes Seek 6-Figure Damages
In 2024, three parties of investors filed disputes involving Mr. Gordon. All three claims allege that he recommended an unsuitable oil and gas investment, and both are still pending. Two seek $100,000 in damages, while the other seeks $25,000 in damages.
Christopher Gordon “Vehemently” Denies Allegations
Mr. Gordon issued identical statements defending himself against each of the pending disputes, according to his BrokerCheck profile. In these statements, he “vehemently” denies wrongdoing and argues that the allegations are “completely” meritless. He asserts further that the investments were recommended in accordance with the customer’s goals and circumstances, based on a review of relevant documentation.
“The customer confirmed in writing that they not only received the requisite investment documentation/disclosures, but that he fully understood the characteristics and risks of the investments,” the statement concludes. “At all times, I put the customer’s interest first and I will vigorously defend this matter to the fullest extent of the law.”
Firm Settled Past Oil & Gas Disputes
Between 2022 and 2023, five other parties of investors filed disputes involving Mr. Gordon. All five concern oil and gas investments. Four claims allege that his recommendations were unsuitable. A fifth alleges that he recommended the product “for the purpose of generating high commissions and fees.” His former member firm settled the disputes for more than $466,000 in total.
What Is Milestones Financial Services?
As his BrokerCheck profile notes, Mr. Gordon does business under the brand name Milestones Financial Services. That firm’s website outlines its values and services, as well as its team’s qualifications. “We take an educational approach to financial advising and planning to help our clients make the best decisions in the long term because we want to be a part of a successful future with you,” it reads. “We know each of our clients personally, and we structure our advice to meet their individual needs and goals.”
FINRA: Broker Based in Annapolis, Maryland
Mr. Gordon launched his career as a broker in 2009. That year, he joined Lincoln Financial Securities Corporation’s office in Annapolis, Maryland. He left the firm in 2016 for Cambridge Investment Research, where he remained until 2023, when he joined Centaurus Financial. Still based in Annapolis, he boasts 14 years of experience and has completed three industry exams.
MDF Law Stands Up for Investors
If you lost money on unsuitable investments recommended by Christopher Gordon, you may be able to find recourse through the FINRA arbitration process. At MDF Law, our attorneys have proven experience advocating for the victims of investment fraud. We take cases on a contingency basis, meaning we only receive a fee when our clients collect a recovery, and we offer free consultations nationwide. Call 800-767-8040 to speak with an attorney today.