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Douglas Peterson Formerly With Sagepoint Financial, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Douglas Peterson formerly with Sagepoint Financial, Inc.?

Douglas Peterson (CRD #1303079) who was formerly registered with Sagepoint Financial, Inc. and located in North Platte, Nebraska is a subject of one of our many securities industry sales practice abuse investigations.

Douglas Peterson Customer Complaints

Douglas Peterson has been the subject of 3 customer complaints that we know about, which were filed to recover investment losses. One of Douglas Peterson’s customer complaints resulted in an Award in favor of investor. Two of Douglas Peterson’s customer complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Douglas Peterson

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

  • Unsuitable investment recommendations in breach of fiduciary duty and negligence involving mutual funds and annuities resulting in an arbitration award in favor of customer.
  • Failure to follow customer’s instructions.
  • Unsuitable investment recommendation of variable annuity.

Douglas Peterson Red Flags & Your Rights As An Investor

Of course, Douglas Peterson 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 Douglas Peterson at Sagepoint Financial, Inc. on alert to review carefully the activity and performance of their accounts and question whether Douglas Peterson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Sagepoint Financial, Inc. also raises questions about the brokerage firm’s 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 Sagepoint Financial, Inc. Due To Douglas Peterson

If you have questions about Titan Securities and/or Donald Wells 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.

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