National investment loss lawyers KlaymanToskes is investigating broker Loren Morrison (CRD #4578161) of Stifel Nicolaus & Company.
According to FINRA BrokerCheck, Loren Morrison of Stifel Nicolaus & Company is facing several pending customer complaints alleging $1,767,693 in collective investor damages due to unauthorized trading, breach of fiduciary duty, negligence, and fraud.
Investors that suffered losses with broker Loren Morrison are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Loren Morrison, of Stifel Nicolaus & Company, is currently involved in four pending customer complaints alleging $1,767,693 in collective investor damages. The disputes include allegations of fraud, unauthorized trading, negligence, and violation of FINRA Rules 2111 and 2010. Between 2010 and 2022, three additional customer disputes involving Morrison that resulted in settlements totaling $2.3 million. These disputes included allegations of unsuitable investment recommendations, breach of fiduciary duty, excessive trading, and unauthorized transactions. Morrison was previously registered as a financial advisor with UBS Financial Services and LPL Financial. According to FINRA BrokerCheck, Morrison is currently registered with Stifel Nicolaus & Company in Southfield, Michigan.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Loren Morrison, or have concerns regarding your investment portfolio at Stifel Nicolaus & Company, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.