Picture this: you’ve worked hard, saved diligently, and entrusted your hard-earned money to an investment advisor. You’re hoping for a secure future, but then you realize something’s not right. Your investments are not performing as expected, and you suspect foul play. This is the unfortunate reality for some clients of Dennis McMillan, a broker at ARETE WEALTH MANAGEMENT, LLC, who have lodged a customer dispute alleging unsuitable investment recommendations.
The Allegation: A Simple Breakdown
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Here’s the deal: the clients allege that Dennis McMillan made unsuitable investment recommendations in May 2019 and April 2020. These poor investment decisions have led to a whopping $60,000 loss for the clients. This is no small change, folks. It’s a serious allegation that needs to be taken seriously.
Investment Fraud Red Flags
So, how do you spot investment fraud? Here are some red flags to watch out for:
- Unsolicited offers: Be wary of investment opportunities that come out of the blue. If it sounds too good to be true, it probably is.
- Guaranteed returns: No investment is risk-free. If someone promises guaranteed profits, it’s likely a scam.
- High-pressure sales tactics: Scammers often try to pressure you into investing by claiming that the “opportunity” is limited or that you must act now.
- Unregistered investment professionals: Always check if the person offering the investment is registered with a regulatory authority.
Remember, knowledge is power. Being aware of these red flags can help protect you from falling victim to investment fraud.
Haselkorn & Thibaut: Your Allies in the Fight Against Investment Fraud
Now, here’s where Haselkorn & Thibaut come in. This national investment fraud law firm is currently investigating the advisor and company involved in the dispute. With offices in Florida, New York, North Carolina, Arizona, and Texas, they’ve got a wide reach. And they’re not just any law firm. They bring over 50 years of experience to the table, boasting a 98% success rate in financial recoveries for investors. That’s a track record you can trust!
What’s more, Haselkorn & Thibaut operate on a “No Recovery, No Fee” policy, meaning you won’t have to pay unless they win your case. They even offer a free consultation at 1-800-856-3352. That’s commitment to client service.
FINRA Arbitration: A Path to Recovering Losses
Did you know that FINRA Arbitration can help investors recover losses? It’s true! This dispute resolution process is quicker and less formal than court proceedings, making it an attractive option for investors seeking justice.
In a nutshell, the seriousness of the allegation against Dennis McMillan and ARETE WEALTH MANAGEMENT, LLC cannot be understated. But remember, you’re not alone in this. With the expertise of Haselkorn & Thibaut and the option of FINRA Arbitration, there’s a clear path towards recovering your losses and finding justice.
