DID MICHAEL ANTHONY NIGRO CAUSE YOU INVESTMENT LOSSES?
Michael Nigro Of MML Investors Services, LLC Has 5 Customer Complaints For Alleged Broker Misconduct
Who is Michael Nigro of MML Investors Services, LLC?
Michael Nigro (CRD #2097646) who is currently registered as a broker and investment adviser with MML Investors Services, LLC and located in New York, New York. is a subject of one of our many securities industry sales practice abuse investigations. Prior to MML Investors Services, LLC, Michael Nigro was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Nigro Customer Complaints
Michael Nigro has been the subject of 5 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by MML Investors Services in favor of the investors. The other 3 customer complaints were denied by the brokerage firm and, to date, the customers have not taken any further action.
Allegations Against Michael Nigro
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Misrepresentation of investment returns as guaranteed and poor recommendation to invest the majority of customer’s retirement assets in a single mutual fund.
- Advisor never told customer of the value of shares of Inland REITs could drop below $10 or that their funds could be frozen from them.
- Failure to disclose the nature of funds and the risk associated therewith.
- Misrepresentation of a REIT as a safe investment.
- Misrepresentation of broker as a financial and estate planning adviser
Michael Nigro Red Flags & Your Rights As An Investor
Of course, Michael Nigro 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 Nigro at MML Investors Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Michael Nigro has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at MML Investors Services, LLC also raises questions about the brokerage firm’s 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 MML Investors Services, LLC Due To Michael Nigro
If you have questions about MML Investors Services, LLC and/or Michael Nigro 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.
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