John Hoff Russell of Clayton Missouri a stockbroker currently employed by Stifel Nicolaus Company is the subject of a customer initiated investment related civil action where the customer sought $25,000.00 in damages founded on accusations that (1) the customer’s investment account was administered in a negligent fashion (2) fiduciary duties that were owed to the customer had been breached and (3) fraudulent misrepresentations had been made to the customer concerning investments. Civil Action No. 17SL-CC03567 (Apr. 4, 2008).
Financial Industry Regulatory Authority (FINRA) Public Disclosure further reveals that on August 28, 2007, a customer filed an investment related complaint regarding Russell’s activities in which the customer requested $14,720.53 in damages based upon allegations that risks and durations of asset-backed debt investments were misrepresented by Russell. Subsequently, on November 7, 2011, a customer initiated investment related complaint involving Russell’s activities was resolved for $43,304.19 in damages supported by accusations that Russell placed the customer in a bond that the customer did not consent to.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
