May 17, 2023 | By Robert Pearce | Read Time: 2 minutes | News & Articles |

DID NORBERT MICHAEL WITT CAUSE YOU INVESTMENT LOSSES?

Norbert Witt Of SCF Securities, Inc. And Formerly With LPL Financial LLC and Invest Financial Corporation Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Norbert Witt of SCF Securities, Inc.?

Norbert Witt (CRD #1013032) who is currently registered as a broker and investment adviser with SCF Securities, Inc. and located in Amherst, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to SCF Securities, Inc., Norbert Witt was associated with LPL Financial LLC, Invest Financial Corporation and 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.

Norbert Witt Customer Complaints

Norbert Witt has been the subject of 4 customer complaints that we know about to recover investment losses. Two of the customer complaints were settled by Royal Alliance in favor of the investors. The other 2 customer complaints were denied by Norbert Witt’s former employers and, today, the customers have not taken any further action.

Allegations Against Norbert Witt

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

Failure to follow customer’s instructions.
Unauthorized trading, switching and failure to meet breakpoints.
Negligent sale of an appropriate tax credit limited partnership.
Unsuitable investment recommendations to purchase limited partnerships.

Norbert Witt Red Flags & Your Rights As An Investor

Of course, Norbert Witt 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 Norbert Witt at SCF Securities, Inc., LPL Financial LLC and Invest Financial Corporation on alert to review carefully the activity and performance of their accounts and question whether Norbert Witt has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at SCF Securities, Inc., LPL Financial LLC and Invest Financial Corporation 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 SCF Securities, Inc. Due To Norbert Witt

If you have questions about SCF Securities, Inc., LPL Financial LLC, Invest Financial Corporation and/or Norbert Witt 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.

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Norbert Witt of SCF Securities, Inc.