Timothy James Miller of Neenah, Wisconsin, a stockbroker formerly registered with TradingBlock, is the subject of a customer initiated investment related written complaint on August 21, 2017, in which the customer sought $5,000.00 in damages supported by accusations that the customer was charged excessive fees on mutual funds investments.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Miller has been identified in four more customer disputes containing allegations of his improper conduct while employed with brokersXpress and Stifel, Nicolaus and Company, Inc. Specifically, an arbitration claim involving Miller’s conduct was settled for $39,000.00 in damages based upon accusations of misrepresentations concerning securities trades; and unauthorized, unsuitable and excessive trading of equities in the customer’s account. FINRA Arbitration No. 10-05709 (Dec. 29, 2011).
Subsequently, a customer initiated investment related arbitration claim regarding Miller’s activities was resolved for $60,000.00 in damages founded on allegations that Miller defrauded the customer, negligently handled the customer’s equity investment transactions, and breached his fiduciary duties. FINRA Arbitration No. 15-03445 (Sept. 7, 2016). Another arbitration claim regarding Miller’s activities was resolved for $165,000.00 in damages based upon accusations against Miller of breach of fiduciary duty, negligence and fraud in reference to stock transactions effected in the customer’s account.
Additionally, on July 10, 2017, a customer filed an investment related written complaint, where the customer alleged that Miller engaged in deceptive and fraudulent conduct and effected unauthorized options transactions in the customer’s account. Further, the customer alleged that Miller privately compensated the customer $300,000.00 to prevent the customer from lodging a formal complaint against him.
Miller’s registration with TradingBlock ended on September 18, 2017.
Guiliano Law Group
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