Michael Victor Mortensen of Dawson James Securities Inc. is the subject of a customer initiated investment related written complaint on August 5, 2017 in which the customer requested $7,029.00 in damages supported by allegations that an unauthorized stock purchase was executed in the customer’s account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Mortensen has been identified in three more customer initiated investment related disputes containing accusations of Mortensen’s misconduct during the time that he was registered with Joseph Charles and Huberman Securities Corp. Specifically, on January 1, 1998, a customer filed an investment related complaint concerning Mortensen’s conduct where the customer sought $90,700.00 in damages based upon allegations that the customer was charged commissions that were excessive, transactions were placed in the customer’s account that were inappropriate, and the customer’s investment instructions were ignored.
On April 2, 2001, another customer initiated investment related complaint involving Mortensen’s activities was resolved for $10,000.00 in damages founded on accusations of excessive and unauthorized trading, and undue commissions pertaining to mutual funds, municipal debt and stock trades. On February 13, 2012, a customer filed an investment related complaint regarding Mortensen’s activities in which the customer requested $15,000.00 in damages supported by allegations of misrepresentations and unsuitable stock trades having been effected in the customer’s account.
Mortensen’s registration with Dawson James Securities Inc. was terminated on June 20, 2017. He was subsequently employed by I-Bankers Securities, Inc. between June 12, 2017 and December 19, 2017, and has been employed by Westpark Capital, Inc. since February 15, 2018. Mortensen has been associated with nine different brokerage firms which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct. #cockroach
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
