DID NORMAN HUGH MEYER CAUSE YOU INVESTMENT LOSSES?
Norman Meyer Of Vestech Securities, Inc. Has 4 Customer Complaints For Alleged Broker Misconduct
About Norman Meyer of Vestech Securities, Inc.?
Norman Meyer (CRD #3185642) is a seasoned financial advisor currently associated with Vestech Asset Management Inc., Vestech Securities, Inc., in St. Louis, Missouri, and NI Advisors in Milpitas, California. His registrations began with Vestech Securities in June 2016 and with NI Advisors in September 2021. Meyer has extensive experience in the industry, demonstrated by his previous associations with multiple firms including IBN Financial Services and CuttingEdge Advisors. He is registered with one self-regulatory organization and licensed in six U.S. states. His qualifications include passing one principal/supervisory exam, two general industry/product exams, and two multi-state securities law exams, reflecting a broad and comprehensive understanding of securities regulations and practices.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Norman Meyer Customer Complaints and Reviews
Norman H. Meyer’s career includes several customer disputes:
- Total Disclosures: 4 Customer Disputes
- Settled Disputes: 2
- Negligence, breach of fiduciary duty, and suitability: Claims involving mutual funds, with damages claimed at $500,000 each; both disputes settled for $75,000 and $85,000 respectively, with Meyer contributing significantly to the settlements.
- Closed-No Action/Withdrawn/Dismissed/Denied: 1
- Suitability: A claim was denied with no further action, involving an annuity-variable product with alleged damages of $14,000.
- Pending Disputes: 1
- Unsuitable investments: Recent allegations involve variable annuities and non-traded REITs, with damages claimed at $650,000; this complaint is currently pending.
Allegations Against Norman Meyer
- Settled Customer Disputes:
- Allegations of negligence, breach of fiduciary duty, and suitability concerning mutual fund investments, resulting in substantial financial settlements.
- Closed-No Action/Withdrawn/Dismissed/Denied Customer Dispute:
- Allegation of suitability concerning an annuity-variable product, which was not pursued further by the regulatory authorities or the complaining party.
- Pending Customer Dispute:
- Allegations of unsuitable investment recommendations involving variable annuities and non-traded REITs, which are currently under review and have not yet been resolved.
Norman Meyer Red Flags & Your Rights As An Investor
Of course, Norman Meyer 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 Norman Meyer at Vestech Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Norman Meyer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Vestech Securities, Inc. 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 Vestech Securities, Inc. Due To Norman Meyer
If you have questions about Vestech Securities, Inc. and/or Norman Meyer 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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