Tag Archives: Ameriprise Financial Services Inc.

Investors File Arbitration Claim Against Ameriprise

February 01, 2021  |   Posted by :   |   Failure To Supervise, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on Investors File Arbitration Claim Against Ameriprise

David Charles Turetzky of Saddle Brook New Jersey a stockbroker currently registered with Ameriprise Financial Services LLC is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer sought $500,000.00 in damages founded on allegations of sales practice violations pertaining to the customer’s account at Ameriprise. Financial Industry Regulatory […]

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FINRA Sanctions Ameriprise Stockbroker For Sale of Unsuitable Investments

January 19, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Mutual Fund Fraud, Unsuitable Investment Recommendations   |   Comments Off on FINRA Sanctions Ameriprise Stockbroker For Sale of Unsuitable Investments

Angel Wynette Bardeche (also known as Angel Wynette Lentz) of Cincinnati Ohio a stockbroker formerly registered with Ameriprise Financial Services has been fined $10,000.00 and suspended for nine months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Bardeche made unsuitable recommendations to customers concerning a short-term […]

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FINRA Sanctions Ameriprise Stockbroker For Unauthorized Trading

January 03, 2021  |   Posted by :   |   Elder Financial Abuse, Investment and Regulatory News, Unauthorized Trading, Variable Annuites   |   Comments Off on FINRA Sanctions Ameriprise Stockbroker For Unauthorized Trading

Drew R. Mantel (also known as Drew R. Mentel) of Miamisburg Ohio a stockbroker formerly registered with Ameriprise Financial Services has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Mantel executed trades in customers’ accounts on an unauthorized […]

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Ameriprise Accused Of Supposedly Selling Stock Without Authorization

December 22, 2020  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading, Variable Annuites   |   Comments Off on Ameriprise Accused Of Supposedly Selling Stock Without Authorization

Anthony John Leopizzi of White Plains New York a stockbroker currently registered with Ameriprise Financial Services is the subject of a customer initiated investment related written complaint which was settled on July 20, 2020 for $27,586.23 in damages based upon allegations of stock being sold from the customer’s Ameriprise Financial Services account without the customer’s […]

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Ameriprise Terminates Stockbroker For Churning Fixed Income Securities

December 07, 2020  |   Posted by :   |   Bond Fraud, Excessive Trading, Investment and Regulatory News   |   Comments Off on Ameriprise Terminates Stockbroker For Churning Fixed Income Securities

Eric Travis Roark of New York New York a stockbroker formerly registered with Ameriprise Financial Services has been discharged by the securities broker dealer on July 14, 2020 based upon accusations that Roark effected excessive fixed income securities trades in violation of company policy. Roark has been identified in two customer initiated investment related disputes […]

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Haddon Heights Stockbroker Barred For Stealing From Elderly

November 04, 2020  |   Posted by :   |   Misappropriation of Funds, Securities Arbitration Claims, Stockbroker Theft   |   Comments Off on Haddon Heights Stockbroker Barred For Stealing From Elderly

Sean Michael Refsnider of Haddon Heights New Jersey a stockbroker formerly registered with Ameriprise Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to a FINRA Office of Hearing Officers Order Accepting Offer of Settlement containing findings of Refsnider failing to cooperate with a […]

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Ameriprise Stockbroker Terminated For Violating Firm Policy

September 30, 2020  |   Posted by :   |   Failure to Execute   |   Comments Off on Ameriprise Stockbroker Terminated For Violating Firm Policy

Shawn Elizabeth Parker of Schaumburg Illinois a stockbroker formerly employed by Ameriprise Financial Services LLC has been terminated by the securities broker dealer on June 8, 2020 supported by allegations of her violation of company policy. Parker has been identified in five customer initiated investment related disputes containing allegations of her misconduct while she was […]

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Investors Sue Marlton Stockbroker For Breach Of Fiduciary Duty

September 30, 2020  |   Posted by :   |   Business Development Companies, FINRA Securities Arbitration, Investment and Regulatory News, Securities Arbitration Claims, Stockbroker Negligence   |   Comments Off on Investors Sue Marlton Stockbroker For Breach Of Fiduciary Duty

Barry David Abrams of Marlton New Jersey a stockbroker formerly employed by Ameriprise Financial Services is referenced in a customer initiated investment related arbitration claim where the customer sought $20,000.00 in damages based upon accusations that the customer had been placed into unsuitable investments including Corporate Capital Trust and FS Energy and Power (FSEP) which […]

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FINRA Bars Ameriprise Stockbroker In Investigation

July 29, 2020  |   Posted by :   |   Elder Financial Abuse, Inverse/Leveraged ETF Funds, Securities Arbitration Claims   |   Comments Off on FINRA Bars Ameriprise Stockbroker In Investigation

Bryant Edwin Caveness of Kingsport Tennessee a stockbroker formerly employed by Ameriprise Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that Caveness failed to comply with a FINRA investigation in regard to money that the stockbroker received from elderly customers. Letter of […]

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Investors Sue Ameriprise For Breach Of Fiduciary Duty

July 20, 2020  |   Posted by :   |   Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Investors Sue Ameriprise For Breach Of Fiduciary Duty

Thomas David Sharp (also known as Tom Sharp) of Gold River Colorado a stockbroker currently registered with Ameriprise Financial Services LLC is the subject of a customer initiated investment related civil action in the Sacramento County California Superior Court where the customer sought unspecified damages based upon accusations of negligence and breach of a fiduciary […]

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Ameriprise Stockbroker Barred In Investigation

July 20, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on Ameriprise Stockbroker Barred In Investigation

Steven Glen Friedman of McLean Virginia a stockbroker formerly employed by Ameriprise Financial Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that he failed to furnish information to FINRA in response to its inquiry into his activities. Case No. 2018058107301 (July 1, 2019). […]

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FINRA Sanctions Ameriprise Stockbroker For Selling Away

June 08, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions Ameriprise Stockbroker For Selling Away

Robert Nicholas Korzik (also known as Bob Korzik) of Little Falls New Jersey a stockbroker formerly registered with Ameriprise Financial Services Inc. has been fined $8,500.00 and suspended for nine months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he engaged in private securities […]

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FINRA Bars Ameriprise Stockbroker In Investigation

June 03, 2020  |   Posted by :   |   Selling Away and Outside Activities   |   Comments Off on FINRA Bars Ameriprise Stockbroker In Investigation

Arthur Stewart Hoffman (also known as Art S. Hoffman) of Glendale Arizona a stockbroker formerly registered with Ameriprise Financial Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he failed to cooperate with a FINRA investigation into allegations of him engaging in […]

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Haddon Heights Stockbroker Charged With Theft From Elder Widow

May 13, 2020  |   Posted by :   |   Misappropriation of Funds, Stockbroker Theft   |   Comments Off on Haddon Heights Stockbroker Charged With Theft From Elder Widow

Sean Michael Refsnider of Haddon Heights New Jersey a stockbroker formerly registered with Ameriprise Financial Services Inc. has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement in a Complaint alleging that she converted funds belonging to a customer of Ameriprise. Department of Enforcement v. Sean Michael Refsnider Disciplinary Proceeding No. 2019063790901 (Apr. […]

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Ameriprise Financial Accused Of Providing Bad Investment Advice

April 08, 2020  |   Posted by :   |   Mutual Fund Fraud, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Ameriprise Financial Accused Of Providing Bad Investment Advice

Geraldine Gordon of Lexington Kentucky a stockbroker currently associated with Ameriprise Financial Services Inc. has been referenced in a customer initiated investment related complaint on December 10, 2018 in which the customer requested $149,980.77 in damages supported by allegations that closed end mutual fund recommendations made by Gordon failed to be suitable for the Ameriprise […]

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Ameriprise Financial Stockbroker Accused Of Annuity Misconduct

March 26, 2020  |   Posted by :   |   Securities Arbitration Claims, Variable Annuites   |   Comments Off on Ameriprise Financial Stockbroker Accused Of Annuity Misconduct

Edward Anthony Torres of Anaheim California a stockbroker currently employed by Ameriprise Financial Services is the subject of a customer initiated investment related written complaint on November 6, 2019 in which the customer requested $22,169.16 in damages based upon allegations that the customer was provided with poor investment advice by Torres in regards to the […]

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Investors Sue Ameriprise For Unsuitable Investment Advice

Bradley Leo Renberg of West Des Moines Iowa a stockbroker registered with Ameriprise Financial Services Inc. is the subject of a customer initiated investment related arbitration claim where the customer sought $380,000.00 in damages based upon accusations of speculative and unsuitable energy sector equities held in the customer’s account at Ameriprise Financial Services. Financial Industry […]

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Ameriprise Stockbroker Barred by FINRA In Investigation

Mark Joseph Sachse of Overland Park Kansas a stockbroker registered with Ameriprise Financial Services Inc. has been barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity based upon allegations that the stockbroker failed to respond to the regulator’s request for information about his activities. FINRA Case No. 2018057939001 […]

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Ameriprise Stockbroker Barred For Failing To Pay Arbitration Award

Cary Jarrett Kievman of Westlake Village California a stockbroker formerly registered with Ameriprise Financial Services Inc. has been suspended by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity based upon accusations that the stockbroker neglected to comply with an arbitration award or settlement agreement or otherwise confirm her compliance […]

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Ameriprise Sued By Investors For Unsuitable Investment Advice

William David Utanski of Fort Lauderdale a stockbroker formerly employed by Ameriprise Financial Services Inc. is the subject of a customer initiated investment related arbitration claim where the customer requested $125,000.00 in damages supported by allegations that (1) the customer was poorly advised on common or preferred stocks and (2) transactions failed to be suitable […]

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Investors Sue Ameriprise For Bad Alternative Investments

Tom Gilliam Parks Jr. (also known as Gil Parks) of Stephenville Texas a stockbroker formerly registered with Ameriprise Financial Services Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $35,000.00 in damages based upon allegations that between August of 2014 and January of 2018, the customer had been […]

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Investors Sue Ameriprise For Bogus Stock Sales

William Wesley Marshall of Plano Texas a stockbroker formerly registered with Ameriprise Financial Services is referenced in a customer initiated investment related arbitration claim which was resolved for $399,000.00 in damages supported by allegations that the customer was advised by Marshall to purchase fraudulent Colorado Rare Earths and BioChemics Inc. stocks that caused the customer […]

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Ameriprise Financial Sued By Investors For Securities Fraud

Michael Anthony Lipscomb of Orlando Florida a stockbroker currently registered with Ameriprise Financial Services is the subject of a customer initiated investment related arbitration claim where the customer was awarded $40,000.00 in compensatory damages based upon Ameriprise being found liable on the customer’s claims including that (1) fiduciary duties were violated (2) contractual obligations had […]

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Ameriprise Stockbroker Barred In Investigation

January 09, 2020  |   Posted by :   |   Forgery, Investment and Regulatory News   |   0 Comments

David Cohen Drees of Sandy Utah a stockbroker formerly registered with Ameriprise Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that Drees neglected to cooperate with a FINRA inquiry that had been made after Drees was terminated from Ameriprise. Case No. […]

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FINRA Bars Ameriprise Stockbroker Near Site of Lost Colony

Peter Richard Erhart of Roanoke Virginia a stockbroker formerly registered with Ameriprise Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that he neglected to provide information to FINRA personnel that was requested of him during a pre-investigation inquiry. Case No. 2018058452701 […]

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Ameriprise Sued For Failure To Follow Instructions

December 18, 2019  |   Posted by :   |   Investment and Regulatory News, Securities Arbitration Claims   |   0 Comments

Joseph Lawrence Peggs of Seminole Florida a stockbroker currently registered with Ameriprise Financial Services Inc. is the subject of a civil action brought in the Circuit Court of Florida in which the plaintiff requested unspecified damages founded on allegations of the failure to execute distributions from the customer’s investment account in accordance with the customer’s […]

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Ameriprise Financial Services Stockbroker Barred In Theft Investigation

James Edward Knee (also known as Jim Knee) of Concord New Hampshire a stockbroker formerly registered with Ameriprise Financial Services Inc. is the subject of a customer initiated investment related written complaint on February 26, 2019 in which the customer requested $20,615.79 in damages based upon allegations that unfounded statements had been made concerning an […]

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Ameriprise Terminates Stockbroker For Unauthorized Trading

November 15, 2019  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Daniel Scott Burges of Southlake Texas a stockbroker formerly employed by Ameriprise Financial Services Inc. has been terminated by the securities broker dealer on July 13, 2019 which was during a time in which he had been internally investigated for effecting trades in customer accounts without authorization in violation of Ameriprise Financial Services’ compliance policy. […]

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Ameriprise Stockbroker Sanctioned For Unauthorized Trading

November 01, 2019  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Steven Tarasius Yellen of El Paso Texas a stockbroker formerly registered with Ameriprise Financial Services Inc. has been fined $25,000.00 and suspended for one year from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings which included that (1) unauthorized trades were executed in a customer’s investment account by […]

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Investors Accuse Ameriprise Of Providing Bad Investment Advice

Richard Paul Martin of Wappinger Falls New York a stockbroker currently registered with Ameriprise Financial Services Inc. is the subject of a customer initiated investment related complaint on April 29, 2019 where the customer requested $13,763.63 in damages based upon allegations of the customer being poorly advised by Martin in regard to the purchase of […]

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