| Read Time: 2 minutes | Waddell & Reed Complaints |

DID ERNEST DALE ANDERSON CAUSE YOU INVESTMENT LOSSES?

Ernest Anderson Formerly With Waddell & Reed Has A Customer Complaint For Alleged Broker Misconduct

Who is Ernest Anderson formerly with Waddell & Reed?

Ernest Anderson (CRD #5622328) who was formerly registered with Waddell & Reed and located in Birmingham, Michigan is a subject of one of our many securities industry sales practice abuse investigations.

Ernest Anderson Customer Complaint

Ernest Anderson has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were that Ernest Anderson made misrepresentations regarding annuity products he owned, documents signed by the client related to the annuities, and loans against the annuities. Client also alleged that certain documents he appeared to have signed were notarized without him being present and that his wife’s signature on those documents appeared to be a forgery.  Ernest Anderson’s customer complaint was denied and, to date, the customer has not taken any further action.

Ernest Anderson Red Flags & Your Rights As An Investor

Of course, Ernest Anderson 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 Ernest Anderson at Waddell & Reed on alert to review carefully the activity and performance of their accounts and question whether Ernest Anderson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Waddell & Reed 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 Waddell & Reed Due To Ernest Anderson

If you have questions about Waddell & Reed and/or Ernest Anderson 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 $140 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
Loading...