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Broker Misconduct Investigation: Nancy Biddle (Osaic Wealth)

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Updated on: August 28, 2024

National investment loss lawyers KlaymanToskes is investigating broker Nancy Biddle (CRD #2134532) of Osaic Wealth, Sundial Financial Group, and FSC Securities.

According to FINRA BrokerCheck, broker Nancy Biddle of Osaic Wealth and Sundial Financial Group is currently facing an investor complaint filed in August 2024, alleging that she recommended and sold unsuitable alternative investments without the customer’s informed consent, resulting in alleged damages of $100,000. Biddle was previously registered with FSC Securities from October 2017 to November 2023. 

Investors that suffered losses with broker Nancy Biddle 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.

Investment Losses with Broker Nancy Biddle?

Investment Losses with Broker Nancy Biddle?

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Financial Advisor Nancy Biddle Faces Investor Complaint

Nancy Biddle, a financial advisor based in St. Pete Beach, Florida, is facing a complaint from an investor. The complaint alleges that Biddle caused the investor $100,000 in damages due to allegations that she recommended and sold real estate investments that were not suitable for the customer. According to the Financial Industry Regulatory Authority (FINRA), Biddle works as a broker and investment advisor with Osaic Wealth and also owns Sundial Financial Group.  

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Nancy Biddle. 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:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

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 Nancy Biddle, or have concerns regarding your investment portfolio at Osaic Wealth, Sundial Financial Group, and/or FSC Securities, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.