Our firm has currently filed suit and represents multiple investors concerning the actions of Adam Brunin. This Colorao advisor operates the advisory firm Navigation Wealth Management. We have filed suit seeking recovery for Brunin’s inappropriate use algorithm investing and inappropriate concentration of conservative investors into the Russell and S&P indexes. Mr. Brunin is also alleged to have inappropriately utilized highly speculative leveraged ETFs. These ETFs used leverage to 2X or 3X the returns and losses based upon the performance of an index.
Mr. Brunin is a fiduciary and owes heightened duties to his investors. This includes a duty of full disclosure as to the risks of the strategy that he has chosen. Adam Brunin also has a duty of care to invest his clients in a manner that is in that client’s best interests. These responsibilities exist under state and federal law. Our clients allege that Mr. Brunin’s failure to adhere to these duties have caused hundreds of thousands of dollars of damage to their life savings.
This post is intended to inform and educate the investing public.
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