On June 15, 2023, a customer dispute was lodged against a Financial Advisor (FA), Boris Niko, who was reportedly affiliated with both Wells Fargo Clearing Services, LLC and Ameriprise Financial Services, LLC. The claimant alleges that in 2020, the FA continually made unsuitable investments that were high risk and did not meet her investment needs. This allegation is indeed a serious one, as it raises questions about the FA’s professional conduct and the legitimacy of his investment strategies.
The Allegation in Simple Terms
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Essentially, the claimant is accusing Boris Niko of making improper investment decisions on her behalf. The investments were allegedly high risk and did not align with the claimant’s financial goals or risk tolerance. This is a grave accusation, as it suggests a potential breach of fiduciary duty, which is a legal obligation of an FA to act in the best interest of their clients.
Investigation by Haselkorn & Thibaut
The law firm of Haselkorn & Thibaut is currently investigating the FA and the companies he was affiliated with. This firm is renowned for its diligent pursuit of justice for investors and has an impressive track record to back it up. They are offering a free consultation to clients who may have been affected by this situation.
- Haselkorn & Thibaut is a national investment fraud law firm with offices in Florida, New York, North Carolina, Arizona, and Texas.
- They have over 50 years of experience in the field.
- They have a 98% success rate in achieving financial recoveries for investors.
- They operate on a “No Recovery, No Fee” policy, meaning if they don’t win your case, you owe them nothing.
To avail of their free consultation, you can reach them at 1-800-856-3352.
FINRA Arbitration
In cases such as these, the Financial Industry Regulatory Authority (FINRA) Arbitration can be a vital tool in helping investors recover their losses. This process involves an impartial third party, known as an arbitrator, who listens to both sides of the dispute and then decides the outcome. It’s a faster, simpler, and less formal alternative to court litigation, which can be a lengthy and costly process.
The team at Haselkorn & Thibaut have an exemplary record in representing clients in FINRA arbitration. Their vast experience, coupled with their commitment to their clients, makes them a formidable ally in the fight for financial recovery.
Remember, it’s your hard-earned money at stake. Don’t let unscrupulous FAs get away with improper conduct. Reach out to Haselkorn & Thibaut today and take the first step towards recovering your losses.
