William Robert Mielke Jr., of Green Bay, Wisconsin, a stockbroker registered with Stifel Nicolaus Company Incorporated, was the subject of a customer initiated investment related complaint that was settled on March 21, 2022, for $18,144.00 in damages based upon allegations that Mielke engaged in unauthorized trading in stocks, options, and mutual funds when Mielke was associated with Stifel Nicolaus Company Incorporated. The complaint also alleged that Mielke churned the customer’s account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Mielke is referenced in five other customer initiated investment related disputes concerning Mielke’s conduct while associated with securities broker dealers . On April 9, 2001, a customer initiated investment related NASD securities arbitration claim involving Mielke’s conduct was settled for $54,000.00 in damages resulting from the sale of options in the customer’s account during the time that Mielke was associated with Stifel Nicolaus Company Inc. NASD Arbitration No. 01-01251.
Mielke is also referenced in a customer initiated investment related complaint filed on March 5, 2002, in which the customer requested $60,000.00 in damages based upon allegations that Mielke made unsuitable recommendations in stocks. This complaint was denied.
Another customer initiated investment related NASD securities arbitration claim involving Mielke’s conduct was settled for $9,950.00 in damages based upon allegations that Mielke violated Missouri Securities Act, breached a contract, violated FINRA rules, was negligent, committed fraud, and breached his fiduciary duty. NASD Arbitration No. 02-02730.
Mielke is also referenced in a customer initiated investment related NASD securities arbitration claim that was settled to resolve allegations that Mielke breached his fiduciary duties, made unsuitable recommendations, made misrepresentations and omissions of material fact, and committed fraud. NASD Arbitration No. 03-05347 (September 27, 2004).
On July 23, 2004, another customer filed an investment related complaint involving Mielke’s conduct in which the customer requested $140,000.00 in damages based upon allegations that Mielke engaged in unsuitable and unauthorized trading when Mielke was associated with Stifel Nicolaus Company Inc. The securities broker dealer denied this complaint.
Mielke has been associated with Stifel Nicolaus Company Incorporated in Green Bay, Wisconsin since October 1, 1999.
