old woman concerned

Craig Allen Leppien of Traverse City Michigan of Cetera Investment Services has been identified in a customer initiated investment related written complaint on April 16, 2019 in which the customer requested $41,338.66 in damages supported by allegations that the customer’s investment had been switched by Leppien without the customer’s consent during the time that Leppien was associated with Cetera Investment Services.

This is not the first time that Leppien has been accused by a customer of wrongdoing which harmed a customer. Financial Industry Regulatory Authority (FINRA) Public Disclosure also confirms that on June 4, 2018, a customer initiated investment related complaint involving Leppien’s actions was settled for $37,500.00 in damages based upon accusations of omissions by the stockbroker as it pertained to the tax consequences of stock and corporate debt liquidations.

Leppien was registered with Cetera Investment Services as a stockbroker between February 13, 2015 and June 4, 2018 and an investment advisor representative between February 24, 2015 and June 4, 2018. Since May 15, 2018, Leppien has been associated with Cambridge Investment Research and Cambridge Investment Research Advisors as a stockbroker and investment advisor representative.