DID SCOTT JAY MATALON CAUSE YOU INVESTMENT LOSSES?
Scott Matalon Formerly With RBC Capital Markets, LLC and Ameriprise Financial Services, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
Who is Scott Matalon formerly with RBC Capital Markets, LLC?
Scott Matalon (CRD #4637378) who was formerly registered with RBC Capital Markets, LLC and located in Jericho, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to RBC Capital Markets, LLC, Scott Matalon was associated with Ameriprise Financial Services, Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Scott Matalon has had his own regulatory problems. In 2023, he was permanently barred from any further association with any member firm in any capacity after refusing to cooperate in one of FINRAs investigations of allegations he made in the statement of claim filed against his member firm by one of his clients.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Scott Matalon Customer Complaints
Scott Matalon has been the subject of 2 customer complaints that we know about seeking to recover investment losses. Both of the customer complaints are pending against his former employer’s for his alleged misconduct in FINRA arbitration proceedings.
Allegations Against Scott Matalon
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Adviser allowed now deceased client to make withdrawals from accounts and allow the client to surrender his insurance policy despite being aware of clients allege of health issues.
- Advisor recommended an accountant to claimants who former advisor then colluded with to convert funds from claimants.
- Excessive fees and unsuitable investment recommendations.
- Unsuitable investment recommendations related to initial public offerings in structured products.
Scott Matalon Red Flags & Your Rights As An Investor
Of course, Scott Matalon 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 Scott Matalon at RBC Capital Markets, LLC and Ameriprise Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Scott Matalon has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at RBC Capital Markets, LLC and Ameriprise Financial Services, 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 RBC Capital Markets, LLC Due To Scott Matalon
If you have questions about RBC Capital Markets, LLC, Ameriprise Financial Services, Inc. and/or Scott Matalon 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...