DID Michael Hebert CAUSE YOU INVESTMENT LOSSES?
About Michael Hebert of Commonwealth Financial Network?
Michael Hebert (CRD #4659328) is a financial advisor currently employed by Commonwealth Financial Network in Lafayette, Louisiana, having started there in November 2021. He is registered with one Self-Regulatory Organization (SRO) and licensed in 7 U.S. states. Over his career, Hebert has passed two general industry/product exams and one multi-state securities law exam. His registration history includes previous stints with LPL Financial LLC and Edward Jones, indicating his extensive experience in the financial services sector. This wide-ranging experience includes various geographical locations and client types, contributing to a well-rounded advisory capability.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Hebert Customer Complaints and Reviews
Michael Louis Hebert has experienced one customer dispute, which is currently pending:
- Nature of the Dispute: Filed on March 18, 2024, the dispute involves allegations related to the unsuitability of investments made in 2014, specifically concerning real estate securities. The clients claim that these investments were not aligned with their investment objectives and risk tolerance.
Allegations Against Michael Hebert
The specific allegations against Michael Louis Hebert in the ongoing customer dispute are:
- Unsuitability: It is alleged that Hebert recommended real estate securities that did not suit the financial goals or risk profiles of the clients involved.
- Investment Details: The complaint specifies that the disputed investments pertain to real estate securities, suggesting a potential misalignment with the clients’ expectations or understanding of risk, as these products are typically associated with specific investment objectives and risk levels.
Michael Hebert Red Flags & Your Rights As An Investor
Of course, Michael Hebert did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Michael Hebert at Commonwealth Financial Network on alert to review carefully the activity and performance of their accounts and question whether Michael Hebert has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at the Commonwealth Financial Network also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Commonwealth Financial Network Due To Michael Hebert
If you have questions about Commonwealth Financial Network and/or Michael Hebert and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Rate this Post
Loading...