National investment loss lawyers KlaymanToskes is investigating broker Michael Estes of Raymond James Financial Services (CRD #4588902).
According to FINRA BrokerCheck, broker Michael Estes of Raymond James Financial Services has been hit with an investor dispute filed on June 17, 2024, which alleged $67,354 in investor damages and that he placed unauthorized trades that were not in the investor’s best interest. Although the complaint was denied by the firm, investors should be aware that the denial of a customer complaint by a brokerage firm does not mean that the complaint does not have merit.
Investors that suffered losses with broker Michael Estes are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Michael Estes, a broker working with Raymond James Financial Services, has been hit with an investor dispute. According to his BrokerCheck record, the customer complaint was filed on June 17, 2024. The investor alleged that Estes placed trades without approval and failed to act in the client’s best interest. The customer alleged $67,354.60 in damages, however, the dispute was denied by the firm. Although the complaint was denied by the firm, investors should be aware that the denial of a customer complaint by a brokerage firm does not mean that the complaint does not have merit. It is important to know that firms can deny disputes without an outside review. Investors may still pursue a FINRA arbitration claim to recover their investment losses by contacting KlaymanToskes.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Michael Estes. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage 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 Michael Estes, or have concerns regarding your investment portfolio at Raymond James Financial Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.