Jan 20, 2022

Herbert Hafen of Wells Fargo

DID HERBERT H. HAFEN CAUSE YOU INVESTMENT LOSSES? Herbert H. Hafen formerly with Wells Fargo Clearing Services, LLC And Morgan Stanley Has 3 Customer Complaints for Alleged Broker Misconduct In the Past Year Who is Herbert H. Hafen formerly with Wells Fargo Clearing Services, LLC and Morgan Stanley? Herbert Hafen (CRD #867068) who was formerly registered with Wells Fargo Clearing 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 Wells Fargo Clearing Services, LLC, Herbert Hafen was associated with Morgan Stanley and 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Herbert Hafen committed serious criminal and civil securities law violations and was recently sentenced to 30 months in prison, 3 years of supervised release, ordered to pay $745,000 in restitution in order to forfeit 806,750 in assets. According to the allegations in the SEC’s civil complaint, Herbert Hafen engaged in the scheme to defraud his clients by convincing them he had access to an investment opportunity away from where he worked.  He advised the clients that the supposed investment would pay an annual 6% return and add little risk. He convinced his clients to take the money out of their brokerage accounts and then transfer or wire the money to his personal bank account which he did not use for investment purposes, but rather for his own personal purposes.  This was a classic Ponzi scheme whereby some investors receive their money back in others did not.  Over the years, he took more than $1.6 million from 11 victims and returned only $650,000.  His been permanently barred from the securities industry. Wells Fargo and Morgan Stanley Broker Misconduct In his career, Herbert Hafen has been the subject of 4 customer complaints that we know about, 3 of those complaints were filed against Wells Fargo and/or Morgan Stanley in the last year to recover monies misappropriated and investment losses. Three of Herbert Hafen’s 4 customer complaints were settled in favor of investors. There is currently 1 pending customer complaints filed against Herbert Hafen’s former employer, Morgan Stanley for investment losses caused by his alleged misconduct. Allegations Against Herbert Hafen   A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The customer alleged that the financial advisor made unsuitable investment recommendations. The client complained that the financial advisor defrauded her into sending her retirement funds to his personal account for a high-yield investment. Herbert Hafen Red Flags & Your Rights as An Investor Of course, Herbert Hafen 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 that should put all current and former customers of Herbert Hafenat Wells Fargo Clearing Services, LLC and Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Herbert Hafenhas engaged in any stockbroker misconduct that may have caused them investment losses. A large number of customer complaints at Wells Fargo Clearing Services, LLC and Morgan Stanley also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Wells Fargo Clearing Services, LLC And Morgan Stanley If you have questions about Wells Fargo Clearing Services, LLC, Morgan Stanley, and/or Herbert Hafenand 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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Jan 20, 2022

James Knee of Voya Financial Advisors, Inc

DID JAMES EDWARD KNEE CAUSE YOU INVESTMENT LOSSES? James Edward Knee Formerly With Voya Financial Advisors, Inc. And Ameriprise Financial Services, Inc. Has 8 Customer Complaints for Alleged Broker Misconduct Who is James E. Knee formerly with Voya Financial Advisors, Inc.? James Knee (CRD #1852920) who was formerly registered with Voya Financial Advisors, Inc. and located in Concord, New Hampshire is a subject of one of our many securities industry sales practice abuse investigations.   Prior to Voya Financial Advisors, Inc., James Knee was associated with Ameriprise Financial Services, Inc. and 8 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. James Knee’s had his own problems with the regulators.  In May 2018, he consented to a permanent bar for refusing to appear for on-the-record testimony in connection with a FINRA investigation into allegations that he misappropriated customers’ funds while registered with a FINRA member firm. Voya Financial Advisors, Inc. And Amerprise Financial Services, Inc. Broker Misconduct In his career, James Knee has been the subject of 8 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. Three of James Knee’s 8 customer complaints were settled in favor of investors. The remaining 5 customers’ complaints were denied by his former employers in the customers did not pursue their claims. Allegations Against James Knee   A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The customer alleges that she was deceived by James Knee into purchasing annuities. The customer alleged that the application contains information that is inaccurate relating to the purchase of an annuity. The customer alleged a royalty trust investment was unauthorized. The client alleged that the investment recommendation to purchase a royalty trust was an unsuitable recommendation. The client’s alleged that James Knee misrepresented the terms of an AIG annuity. Multiple clients alleged unsuitable annuity investment recommendations. James Knee Red Flags & Your Rights as An Investor Of course, James Knee 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 that should put all current and former customers of James Kneeat Voya Financial Advisors, Inc. and Ameriprise Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether James Knee has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Voya Financial Advisors, Inc. and Ameriprise Financial Services, Inc. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Voya Financial Advisors, Inc. And Ameriprise Financial Services, Inc. If you have questions about Voya Financial Advisors, Inc., Ameriprise Financial Services, Inc., and/or James Knee 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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Jan 20, 2022

George Nikolakakos of Four Points Capital Partners

DID GEORGE A. NIKOLAKAKOS CAUSE YOU INVESTMENT LOSSES? George A. Nikolakakos Formerly with Four Points Capital Partners Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year Who is George A. Nikolakakos formerly with TD Ameritrade, Inc.? George Nikolakakos (CRD #2907561) who was formerly registered with TD Ameritrade, Inc. and located in Omaha, Nebraska is a subject of one of our many securities industry sales practice abuse investigations.   Prior to TD Ameritrade, Inc., George Nikolakakos was associated with Scottrade, Inc. and Four Points Capital Partners LLC and 7 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Four Points Capital Partners Broker Misconduct In his career, George Nikolakakos has been the subject of 5 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. One of George Nikolakakos’ 5 customer complaints was settled in favor of investors. There are currently 2 pending customer complaints filed against George Nikolakakos’ former employer Four Points Capital Partners for investment losses caused by his alleged misconduct. Allegations Against George Nikolakakos A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The claimant alleged violation of the federal and state securities laws and FINRA rules related to stock transactions. Multiple clients alleged mismanagement of the accounts. Claimants alleged that George Nikolakakos provided unsuitable investment recommendations and over-concentrated their accounts. George Nikolakakos Red Flags & Your Rights as An Investor Of course, George Nikolakakos 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 George Nikolakakosat TD Ameritrade, Inc., Scottrade, Inc., and Four Points Capital Partners LLC on alert to review carefully the activity and performance of their accounts and question whether George Nikolakakoshas engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Four Points Capital Partners LLC also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Four Point Capital Partners If you have questions about Four Points Capital Partners LLC and/or George Nikolakakosand 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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Jan 20, 2022

Gregory OBrien of PHX Financial, Inc

DID GREGORY SPENCER OBRIEN CAUSE YOU INVESTMENT LOSSES? Gregory Spencer OBrien Of PHX Financial, Inc. And Formerly with Aegis Capital Corp. Has 5 Customer Complaints for Alleged Broker Misconduct Who is Gregory S. OBrien with PHX Financial, Inc.? Gregory OBrien (CRD #3154314) who is currently registered with PHX Financial, Inc. and located in Hauppauge, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to PHX Financial, Inc., Gregory OBrien was associated with Aegis Capital Corp. and 4other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Aegis Capital Corp. Broker Misconduct In his career, Gregory OBrien has been the subject of 5 customer complaints that we know about, all of those complaints were filed in connection with his employment at Aegis Capital Corp. in 2 of those complaints were filed in the last 2 years to recover investment losses. Three of Gregory OBrien’s 5 customer complaints were settled in favor of investors. There is currently 1 pending customer complaint filed against Gregory OBrien’s former employer Aegis Capital Corp. for investment losses caused by his alleged misconduct. Allegations Against Gregory OBrien A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The claimant alleges that Gregory O’Brien made unsuitable recommendations to trade on margin in his account. The client alleged unauthorized trading. The claimant alleged breach of fiduciary duty, fraud, and negligence. The claimant alleged unsuitable investment recommendations and breach of his fiduciary duty, and breach of contract related to the investments in common stocks, real estate securities, and unit investment trusts. Gregory OBrien Red Flags & Your Rights as An Investor Of course, Gregory OBrien 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 that should put all current and former customers of Gregory OBrien at PHX Financial, Inc. and Aegis Capital Corp. on alert to review carefully the activity and performance of their accounts and question whether Gregory OBrien has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Aegis Capital Corp. about Gregory OBrien also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At PHX Financial, Inc. And Aegis Capital Corp. If you have questions about PHX Financial, Inc., Aegis Capital Corp., and/or Gregory OBrienand 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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Jan 20, 2022

James Seijas of Wells Fargo

DID JAMES ALAN SEIJAS CAUSE YOU INVESTMENT LOSSES? James Alan Seijas formerly with Wells Fargo Clearing Services, LLC Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year Who is James A. Seijas formerly with Wells Fargo Clearing Services, LLC? James Seijas (CRD #2392901) who was formerly registered with Wells Fargo Clearing Services, LLC and located in Short Hills, New Jersey is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Wells Fargo Clearing Services, LLC, James Seijas was associated with 6 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Wells Fargo Clearing Services, LLC Broker Misconduct In his career, James Seijashas been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last year to recover investment losses. They are currently both pending against James Seijas’ former employer Wells Fargo Clearing Services, LLC for investment losses caused by his alleged misconduct. Allegations Against James Seijas   A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: The claimant alleges that the financial advisor recommended he invest in a fraudulent hedge fund. Plaintiff alleges that James Seijas recommended and misrepresented an investment that turned out to be a Ponzi scheme. James Seijas Red Flags & Your Rights as An Investor Of course, James Seijas 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 that should put all current and former customers of James Seijas at Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether James Seijas has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Clearing Services, LLC also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim to Recover Your Investment Losses At Wells Fargo Clearing Services, LLC If you have questions about Wells Fargo Clearing Services, LLC and/or James Seijas 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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Jan 20, 2022

Matthew Baker of Woodbury Financial Services, Inc.

DID MATTHEW J. BAKER CAUSE YOU INVESTMENT LOSSES? Matthew J. Baker with Woodbury Financial Services, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past Year Who is Matthew J. Baker with Woodbury Financial Services, Inc.? Matthew Baker (CRD #4414494) who is currently registered with Woodbury Financial Services, Inc. and located in Highland, Indiana is a subject of one of our many securities industry sales practice abuse investigations. Prior to Woodbury Financial Services, Inc., Matthew Baker was associated with 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Woodbury Financial Services, Inc. Broker Misconduct In his career, Matthew Baker has been the subject of 2 customer complaints that we know about, both of those complaints were filed in the last year to recover investment losses. Both for those complaints were recently denied by Woodbury Financial Services Inc. and the customers have not yet filed their arbitration claims. Allegations Against Matthew Baker A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Client alleged misrepresentation in connection with a variable annuity transaction. Client alleged that Matthew Baker made unsuitable recommendations to purchase variable annuities. Matthew Baker Red Flags & Your Rights As An Investor Of course, Matthew Baker 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 Matthew Baker at Woodbury Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Matthew Baker has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Woodbury Financial Services, Inc. about Matthew Baker also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Woodbury Financial Services, Inc. If you have questions about Woodbury Financial Services, Inc. and/or Matthew Baker 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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Jan 20, 2022

Marc Friedson of RBC Capital Markets, LLC

DID MARC ROBERT FRIEDSON CAUSE YOU INVESTMENT LOSSES? Marc Robert Friedson formerly with RBC Capital Markets, LLC Has 9 Customer Complaints For Alleged Broker Misconduct Who is Marc R. Friedson formerly with RBC Capital Markets, LLC? Marc Friedson (CRD #1178838) who was formerly registered with RBC Capital Markets, LLC and located in West Palm Beach, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to RBC Capital Markets, LLC, Marc Friedson was associated with5other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. RBC Capital Markets, LLC Broker Misconduct In his career, Marc Friedson has been the subject of 9 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. 6 of Marc Friedson’s 9 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against Marc Friedson’s former employer RBC Capital Markets, LLC for investment losses caused by his alleged misconduct. Allegations Against Marc Friedson A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Claimants alleged that their financial advisor recommended unsuitable investments in Puerto Rico bonds and recommended that they hold an unsuitable level of concentration and such bonds. Client alleged that Marc Friedson made unsuitable recommendations that led to an overconcentration in the energy sector and municipal bonds. Customers allege recommendations of Puerto Rico bonds and Lynn Energy were unsuitable investment recommendations. Claimants alleged unsuitable investment recommendations to purchase various corporate bonds. Client alleged unsuitable in unauthorized transactions. Customer allege that Marc Friedson recommended an unsuitable transaction in PLMIV, a Limited partnership. Marc Friedson Red Flags & Your Rights As An Investor Of course, Marc Friedson 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 Marc Friedson at RBC Capital Markets, LLC on alert to review carefully the activity and performance of their accounts and question whether Marc Friedson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at RBC Capital Markets, LLC also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At RBC Capital Markets, LLC If you have questions about RBC Capital Markets, LLC and/or Marc Friedson 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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Jan 20, 2022

Matthew Gaer of Aegis Capital Corp.

DID MATTHEW STEVEN GAER CAUSE YOU INVESTMENT LOSSES? Matthew Steven Gaer with Aegis Capital Corp. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Matthew S. Gaer with Aegis Capital Corp.? Matthew Gaer (CRD #2301493) who is currently registered with Aegis Capital Corp. and located in Boca Raton, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Aegis Capital Corp., Matthew Gaer was associated with Oppenheimer & Co. Inc. and 8 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Aegis Capital Corp. Broker Misconduct In his career, Matthew Gaer has been the subject of 2 customer complaints that we know about, 1 of those complaints were filed in the last year to recover investment losses. One of Matthew Gaer’s customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against Matthew Gaer’s current employer Aegis Capital Corp. for investment losses caused by his alleged misconduct. Allegations Against Matthew Gaer A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Customer alleged that Matthew Gaer made an unsuitable recommendation that he invest in a structured product in his retirement account. Claimant alleged breach of fiduciary duty, and breach of contract in connection with a structured product investment. Matthew Gaer Red Flags & Your Rights As An Investor Of course, Matthew Gaer 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 Matthew Gaer at Aegis Capital Corp. and Oppenheimer & Co. Inc. on alert to review carefully the activity and performance of their accounts and question whether Matthew Gaer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Aegis Capital Corp. also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At Aegis Capital Corp. If you have questions about Aegis Capital Corp., Oppenheimer & Co. Inc. and/or Matthew Gaer 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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Jan 20, 2022

Mark Hopkins of American Portfolios Financial Services, Inc.

DID MARK LEWTON HOPKINS CAUSE YOU INVESTMENT LOSSES? Mark Lewton Hopkins formerly with American Portfolios Financial Services, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years Who is Mark L. Hopkins formerly with American Portfolios Financial Services, Inc.? Mark Hopkins (CRD #2653473) who was formerly registered with American Portfolios Financial Services, Inc. and located in Grand Blanc, Michigan is a subject of one of our many securities industry sales practice abuse investigations. Prior to American Portfolios Financial Services, Inc., Mark Hopkins was associated with 3 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Mark Hopkins has his own share of regulatory problems as well.  In November 2019, the Michigan securities division alleged that he made misrepresentations and omissions in connection with an investment in a credit union an account over which the customer had no ownership interest whatsoever.  This was followed by a FINRA investigation where Mark Hopkins refused to cooperate in accordance with Rule 8210 and consequently permanently barred from any further association with any member firm in the securities industry.  Shortly thereafter, the SEC filed a complaint against Mark Hopkins alleging that he misappropriated at least $1.15 million from at least 5 customers of the brokerage firm. According to the SEC, Mark Hopkins represented that he would invest their funds and investment program at a local credit union, when in actuality no such program existed. Further, that he deposited the investors funds into an account he controlled and that the credit union misappropriated them. American Portfolios Financial Services, Inc. Broker Misconduct In his career, Mark Hopkins has been the subject of 3 customer complaints that we know about, 2 of those complaints were filed in the last 2 years to recover investment losses. One of Mark Hopkins’ 3 customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against Mark Hopkins’ former employer American Portfolios Financial Services, Inc. for investment losses caused by his alleged misconduct. Allegations Against Mark Hopkins A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Customer alleged that mark options solicited $500,000 from him for the credit union investment and instead utilized the funds for his own purposes. Customer alleged that recommendation to invest in a REIT was an unsuitable investment recommendation. Claimant alleged that mark Hopkins solicited $400,000 for an investment away from the broker-dealer at a credit union. Mark Hopkins Red Flags & Your Rights As An Investor Of course, Mark Hopkins 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 Mark Hopkins at American Portfolios Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Mark Hopkins has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at American Portfolios Financial Services, Inc. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At American Portfolios Financial Services, Inc. If you have questions about American Portfolios Financial Services, Inc. and/or Mark Hopkins 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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Jan 20, 2022

Michael Norman of NYLife Securities LLC

DID MICHAEL ANDREW NORMAN CAUSE YOU INVESTMENT LOSSES? Michael Andrew Norman formerly with NYLife Securities LLC Has 3 Customer Complaints For Alleged Broker Misconduct Who is Michael A. Norman formerly with NYLife Securities LLC? Michael Norman (CRD #2092589) who was formerly registered with NYLife Securities LLC and located in Reno, Nevada is a subject of one of our many securities industry sales practice abuse investigations.   Michael Norman is no longer employed with NYLife Securities LLC since he was permanently barred by FINRA from further association with any member firm were allegedly not cooperating with an investigation into allegations that he loaned money to a customer, so that the customer could purchase securities. NYLife Securities LLC Broker Misconduct In his career Michael Norman has been the subject of 3 customer complaints that we know about, one of those complaints were filed in the last 2 years to recover investment losses. Two of Michael Norman’s 3 customer complaints were settled in favor of investors. The other customer complaint filed against Michael Norman’s former employer NYLife Securities LLC for investment losses caused by his alleged misconduct was denied by the company and the customer is not yet taken any further action. Allegations Against Michael Norman A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: Customer alleged that Michael Norman made an unsuitable recommendation to invest in a variable annuity due to the mortality and expense and investment protection of fees incurred over the life of the product. Customer alleged that Michael Norman misrepresented the rate of return, failed to disclose associated fees, and further provided unsuitable investment advice to make a mutual fund transaction. Customer alleged that Michael Norman failed to adequately disclose the annual fees and surrender charges associated with a variable annuity transaction. Further, that the investment was an unsuitable one in light of his investment profile, liquidity needs. Michael Norman Red Flags & Your Rights As An Investor Of course, Michael Norman 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 Norman at NYLife Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Michael Norman has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NYLife Securities LLC about Michael Norman also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. File A Claim To Recover Your Investment Losses At NYLife Securities LLC If you have questions about NYLife Securities LLC and/or Michael Norman and the management or performance of your accounts, and, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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