Haselkorn & Thibaut has launched an independent investigation into the conduct and history of financial advisor John Eric Suess of Stifel, Nicolaus & Company, Incorporated. If you are a current or former client who worked with Mr. Suess in Edwardsville, IL or Santa Rosa Beach, FL, understanding his background, client complaints, and any potential red flags is critical to making informed decisions about your investments.
About John Eric Suess
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- Name: John Eric Suess
- Current Employer: Stifel, Nicolaus & Company, Incorporated
- Office Address: 600 Country Club View, Suite 5, Edwardsville, IL 62025
- Also Associated With: Santa Rosa Beach, FL
- Previous Firm: Wells Fargo
Mr. Suess is a registered representative (stockbroker) with a long tenure in the financial services industry. Stifel, Nicolaus & Company, Incorporated is a prominent, national broker-dealer.
Haselkorn & Thibaut’s Investigation
As part of their commitment to investor protection, Haselkorn & Thibaut (investmentfraudlawyers.com), a national law firm with over 50 years of experience and a 98% success rate, is examining the regulatory and complaint history concerning Mr. Suess. If you have information regarding potential losses, mismanagement, or suspect your investments may have been mishandled, you are encouraged to get in touch for a free, confidential consultation.
Complaint and Disciplinary History
According to the most recent public records and FINRA BrokerCheck, John Eric Suess has been the subject of investor complaints. Being informed about these disclosures is essential for determining whether your investment accounts were managed appropriately.
| Complaint Date | Allegation | Status/Outcome | Alleged Damages |
|---|---|---|---|
| March 2020 | Claimed unauthorized and excessive trading, unsuitable investment recommendations resulting in financial losses. | Denied by firm | $100,000 |
| June 2018 | Alleged excessive commission charges and misrepresentation of investment risks. | Settled | $46,000 |
Note: While the above complaints were not always resolved against the advisor, their presence should prompt clients and investors to carefully review their account activity and communication history.
How These Issues Could Affect You
- Unsuitable Recommendations: If you have experienced investment losses that were not in line with your stated objectives or risk tolerance, your accounts may have been managed inappropriately.
- Excessive Trading (“Churning”): High account activity that primarily generates commissions for the advisor, not returns for you, is a red flag to review.
- Misrepresentation of Risks: If the risks of any investment were unclear or understated, there could be grounds for concern.
- Unauthorized Transactions: Any investment changes made without your express permission deserve prompt attention.
Investors are strongly encouraged to regularly review statements and communicate directly with their advisor for clarity on transactions. If anything appears irregular or if you feel you were not fully informed, immediate action is recommended.
About Stifel, Nicolaus & Company, Incorporated
Stifel, Nicolaus & Company, Incorporated is a large, national broker-dealer serving retail clients across the United States. The firm, like all FINRA member broker-dealers, is subject to industry regulations and must supervise the activities of its advisors. Broker-dealers have a responsibility to ensure recommendations are in the best interest of their clients. If this duty is neglected, clients may be able to recover losses through FINRA arbitration.
What Should You Do If You Have Concerns?
- Review Account Records: Go through your transaction history for unauthorized or questionable activity.
- Document Communication: Keep detailed notes and copies of any correspondence with your advisor and the firm.
- Contact a Professional: If you have questions or concerns, seek guidance promptly.
Haselkorn & Thibaut offers free, confidential consultations to help you understand your rights and options. They have a national presence and operate on a “no recovery, no fee” basis. With a 98% success rate, their team has assisted investors in recovering millions of dollars over decades of practice.
Contact Haselkorn & Thibaut
Call 1-888-994-8066 now for your free consultation or visit Haselkorn & Thibaut.
Time may be limited for pursuing an investment loss claim. If you have concerns about your experience with John Eric Suess or Stifel, Nicolaus & Company, reach out today for personal attention and clear guidance on your next steps.
