DID SCOTT LAWRENCE OLSON CAUSE YOU INVESTMENT LOSSES?
Scott Olson Of Innovation Partners LLC And Formerly With Independent Financial Group, LLC Has 4 Customer Complaints For Alleged Broker Misconduct
About Scott Olson of Innovation Partners LLC?
Scott Olson (CRD #711256) is a registered broker with Innovation Partners LLC in Charlotte, NC, and IP Financial Advisory Services LLC in Melbourne, FL, since July 2021. Over his extensive career, Olson has passed two principal/supervisory exams (Series 24 and 26), five general industry/product exams (Series 1, 7, 22, 6, and SIE), and two state securities law exams (Series 63 and 65). He is registered with one Self-Regulatory Organization and licensed in four U.S. states and territories. His previous registrations include Atlantic Financial Advisors, LLC, Independent Financial Group, LLC, and Financial West Group, among others.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Scott Olson Customer Complaints and Reviews
Scott Olson has several disclosures:
- Regulatory Events (2):
- Final regulatory action in 2008 by the Florida Department of Financial Services resulted in a Cease and Desist and a $500 fine due to non-compliant advertisement sizes.
- A final regulatory action by FINRA in 2012 addressed multiple violations regarding Olson’s advertisement practices, resulting in a censure, fine, and suspension.
- Criminal (1):
- A 1977 conviction for possession with intent to distribute cocaine, for which Olson was placed on probation after a conviction.
- Customer Disputes (4):
- One settled dispute involving unsuitable investments which was settled for $75,000.
- Three other disputes related to unauthorized trading and suitability concerns.
Allegations Against Scott Olson
- Regulatory Allegations:
- Misuse of advertisement sizes against statutory requirements.
- Multiple violations of FINRA advertising rules leading to misleading or exaggerated claims in advertisements.
- Criminal Allegations:
- Convicted of possession with intent to distribute cocaine.
- Customer Dispute Allegations:
- Claims of unsuitable investment recommendations and unauthorized trading.
- Mismanagement of client investments leading to significant financial losses.
Scott Olson Red Flags & Your Rights As An Investor
Of course, Scott Olson 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 Olson at Innovation Partners LLC and Independent Financial Group, LLC on alert to review carefully the activity and performance of their accounts and question whether Scott Olson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Innovation Partners LLC and Independent Financial Group, LLC 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 Innovation Partners LLC Due To Scott Olson
If you have questions about Innovation Partners LLC, Independent Financial Group, LLC and/or Scott Olson 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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