| Read Time: 2 minutes |


Brett Ellen Of Metric Financial Inc. And Formerly With Arque Capital, Ltd. Has 16 Customer Complaints For Alleged Broker Misconduct

Who is Brett Ellen of Metric Financial Inc.?

Brett Ellen (CRD #1460478) who is currently registered with Metric Financial Inc. and located in Las Vegas, Nevada is a subject of one of our many securities industry sales practice abuse investigations. Prior to Metric Financial Inc., Brett Ellen was associated with Arque Capital, Ltd. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Brett Ellen Customer Complaints

Brett Ellen has been the subject of 16 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. Three of Brett Ellen’s 16 customer complaints were settled in favor of investors. Ten of Brett Ellen’s customer complaints were denied and, to date, the customers have not taken any further action. There are currently 3 pending customer complaints filed against Brett Ellen’s former employers DFPG Investments, LLC and United Planners’ Financial Services of America  for investment losses caused by the alleged misconduct.

Allegations Against Brett Ellen

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

  • Negligence, breach of fiduciary duty, fraud, misrepresentation, violations of securities laws related to common and preferred stock transactions.
  • Unsuitable, illiquid and misrepresented investments in variable annuities.
  • Misrepresented and unsuitable recommendations to purchase limited partnerships and mutual funds.
  • Misrepresentation related to existence of tax opinion letter.
  • Unsuitable investment recommendations related to mutual funds.

Brett Ellen Red Flags & Your Rights As An Investor

Of course, Brett Ellen 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 Brett Ellen at Metric Financial Inc. and Arque Capital, Ltd. on alert to review carefully the activity and performance of their accounts and question whether Brett Ellen has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Metric Financial Inc. and Arque Capital, Ltd. 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 Metric Financial Inc. Due To Brett Ellen

If you have questions about Metric Financial Inc., Arque Capital, Ltd., and/or Brett Ellen 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.

Author Photo

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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars