DID ERIC NICHOLS CAUSE YOU INVESTMENT LOSSES?
Eric Nichols of TCFG Wealth Management, LLC, TCFG Investment Advisors And Formerly With Morgan Stanley Has 3 Customer Complaints For Alleged Broker Misconduct
Who is Eric Nichols of TCFG Wealth Management, LLC?
Eric Nichols (CRD #2710703) who is currently registered with TCFG Wealth Management, LLC, TCFG Investment Advisors and located in Missouri City, Texas is a subject of one of our many securities industry sales practice abuse investigations. Prior to TCFG Wealth Management, LLC, and TCFG Investment Advisors, Eric Nichols was associated with Morgan Stanley and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Eric Nichols has also had regulatory problems. In July 2019, he was suspended in all capacities for settling a customer complaint away from his member firm and fined $5,000.
Eric Nichols Customer Complaints
Eric Nichols has been the subject of 3 customer complaints that we know about. Two of Eric Nichols’ 3 customer complaints were settled in favor of investors.
Allegations Against Eric Nichols
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Claimant alleged that Eric Nichols recommended unsuitable and over-concentrated positions in a REIT and inappropriately guaranteed the dividend.
- Client alleges unauthorized trading, inter alia, with respect to investments by Eric Nichols.
- Client verbally alleged, inter alia, unsuitability with respect to investments by Eric Nichols.
Eric Nichols Red Flags & Your Rights As An Investor
Of course, Eric Nichols 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 Eric Nichols at TCFG Wealth Management, LLC, TCFG Investment Advisors and Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Eric Nichols has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at TCFG Wealth Management, LLC, TCFG Investment Advisors and Morgan Stanley 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 TCFG Wealth Management, LLC Due To Eric Nichols
If you have questions about TCFG Wealth Management, LLC, TCFG Investment Advisors, Morgan Stanley and/or Eric Nichols 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.