National investment loss lawyers KlaymanToskes is investigating Michael Moultrie (CRD# 2338702) of Cetera Investment Services and Cetera Investment Advisors, following the filing of a pending customer complaint which alleges investment losses due to misrepresented investment recommendations related to an annuity.
Investors that suffered losses with William Aubrey Morrow may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman, Esq., for a free consultation to discuss recovery options at 888-997-9956 or lawrence@klaymantoskes.com. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, Michael Jay Moultrie is currently registered as a broker and investment advisor with Cetera Investment Services and Cetera Investment Advisors in Cleveland, TN.
Moultrie is currently facing one customer complaint which alleges that he misrepresented investments to the customer. The complaint reportedly relates to an Annuity investment.
FINRA (Financial Industry Regulatory Authority) is the self-regulatory body responsible for regulating all U.S. brokers and brokerage firms doing business with customers in the United States and/or other countries.
FINRA Rule 2020 requires that “no member shall effect any transaction in, or induce the purchase or sale of, any security by means of any manipulative, deceptive, or other fraudulent device or contrivance.” According to FINRA, there are generally two types of misrepresentations and omissions committed, those that are fraudulent and those that result from negligence.
Financial advisors and their firms are responsible for providing suitable investment advice and may put their investors at risk by misrepresenting or omitting material information. Financial representatives may also be liable for a breach of fiduciary duty in the event of an omission or non-disclosure resulting in losses suffered by the investor.
KlaymanToskes can help you determine whether your investment loss is the result of a brokerage firm and/or financial professional’s misrepresentation or omission of a material fact. Contact investment loss attorney Lawrence L. Klayman today for a free and confidential consultation at (888) 997-9956 or lawrence@klaymantoskes.com.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com