DID DOUGLAS VOLLETTE CAUSE YOU INVESTMENT LOSSES?
Douglas Vollette Of Fidelity Brokerage Services LLC, Fidelity Personal And Workplace Advisors And Formerly With Strategic Advisers Has 2 Customer Complaints For Alleged Broker Misconduct
Who is Douglas Vollette of Fidelity Brokerage Services LLC?
Douglas Vollette (CRD #2716481) who is currently registered with Fidelity Brokerage Services LLC, Fidelity Personal and Workplace Advisors and located in Covington, Kentucky is a subject of one of our many securities industry sales practice abuse investigations. Prior to Fidelity Brokerage Services LLC and Fidelity Personal And Workplace Advisors, Douglas Vollette was associated with Strategic Advisers and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Douglas Vollette Customer Complaints
Douglas Vollette has been the subject of 2 customer complaints that we know about. One of Douglas Vollette’s 2 customers’ complaints was denied and, to date, the customer has not taken any further action. There is currently one pending customer complaint filed against Fidelity Brokerage Services LLC for investment losses caused by Douglas Vollette’s alleged misconduct.
Allegations Against Douglas Vollette
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Customer alleged that the sale of securities in his account to fund a tax-efficient managed account generated capital gains taxes in contradiction to representations made by Douglas Vollette.
- The customer alleged that Douglas Vollette’s recommendation that he allocate additional funds to a managed portfolio was unsuitable.
Douglas Vollette Red Flags & Your Rights As An Investor
Of course, Douglas Vollette 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 Vollette at Fidelity Brokerage Services LLC, Fidelity Personal And Workplace Advisors and Strategic Advisers on alert to review carefully the activity and performance of their accounts and question whether Douglas Vollette has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Fidelity Brokerage Services LLC, Fidelity Personal And Workplace Advisors and Strategic Advisers 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 Fidelity Brokerage Services Due To Douglas Vollette
If you have questions about Fidelity Brokerage Services LLC, Fidelity Personal And Workplace Advisors, Strategic Advisers, and/or Douglas Vollette 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.