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Arthur Hoffman Formerly With Ameriprise Financial Services And Wedbush Securities Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Arthur Hoffman formerly with Ameriprise Financial Services?

Arthur Hoffman (CRD #3193754) who was formerly registered with Ameriprise Financial Services and located in Glendale, Arizona is a subject of one of our many securities industry sales practice abuse investigations. Prior to Ameriprise Financial Services, Arthur Hoffman was associated with Wedbush Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Arthur Hoffman has also had his share of regulatory problems.  Last year, he consented to the sanction and to the entry of findings that he failed to abide documents and information requested by FINRA in connection with an investigation about whether he violated company policy, and FINRA rules related to outside business activities in private securities transactions.  The sanction for his failure to cooperate with the FINRA investigation was a permanent bar from any further association with any member firm in any capacity.

Arthur Hoffman Customer Complaints

Arthur Hoffman has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Arthur Hoffman’s 2 customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against Ameriprise Financial Services for investment losses caused by Arthur Hoffman’s alleged misconduct.

Allegations Against Arthur Hoffman

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Claimants alleged that respondent Arthur Hoffman recommended the claimants invest $172,688.03 in Zima Global Ventures, LLC a/k/a Zima Digital Assets.
  • The complaint included claims for Arizona securities fraud; fraud in provision of investment advisory services, common law fraud and misrepresentation; breach of fiduciary duties; fraudulent concealment; negligent misrepresentation; negligence; negligent supervision; and document turnover and accounting allegedly committed by Arthur Hoffman.

Arthur Hoffman Red Flags & Your Rights As An Investor

Of course, Arthur Hoffman did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Arthur Hoffman at Ameriprise Financial Services and Wedbush Securities on alert to review carefully the activity and performance of their accounts and question whether Arthur Hoffman has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ameriprise Financial Services and Wedbush Securities also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Ameriprise Financial Services Due To Arthur Hoffman

If you have questions about Ameriprise Financial Services, Wedbush Securities, and/or Arthur Hoffman and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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