Financial Advisor Fraud

Merrill Lynch advisor Darel Mitchell is currently under investigation by Haselkorn & Thibaut, P.A., a national investment fraud law firm, following allegations of misrepresentation. The customer dispute, which was filed on February 1, 2024, and closed with no action, claims that Mitchell engaged in misrepresentation from March 23, 2023, to November 9, 2023. According to […]

In a recent development, Morgan Stanley advisor Fletcher King has been named in a customer dispute alleging that investments recommended for the client were not in her best interests. The complaint, filed by the client’s attorney, raises concerns about the suitability of the investment advice provided by King during the period of 2021-2023. According to

In a recent development, Sanford Schmidt, a broker and investment advisor associated with The Leaders Group, Inc. (CRD 37157) in Colorado, has been named in a customer dispute filed on February 1, 2024. The allegations against Schmidt include violations of the Securities Law of 1953, the Illinois Consumer Fraud and Deceptive Business Practices Act, fraudulent

Eric Reed, a broker and investment advisor associated with MML Investors Services, LLC, is facing allegations from a trustee who claims that he was not presented with any options other than the five variable universal life insurance policies he purchased in December 2021. The case, filed with FINRA on February 1, 2024, is currently pending