DID FRANK JOSEPH COUSSENS CAUSE YOU INVESTMENT LOSSES?
Frank Coussens of Ameriprise Financial Services and Formerly with Merrill Lynch Pierce Fenner Smith Has 3 Customer Complaints for Alleged Broker Misconduct
Who is Frank Coussens of Ameriprise Financial Services?
Frank Coussens (CRD #730556) who is currently registered with Ameriprise Financial Services and located in Coral Gables, Florida is a subject of one of our many securities industry sales practice abuse investigations.
Prior to Ameriprise Financial Services, Frank Coussens was associated with Merrill Lynch Pierce Fenner Smith and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Frank Coussens Customer Complaints
Frank Coussens has been the subject of 3 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses.
Two of Frank Coussens’ 3 customer complaints were settled in favor of investors. One of Frank Coussens’ customer complaints was denied and the customers did not take any further action.
Allegations Against Frank Coussens
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- An authorized third party alleged the shares of All American Pipeline Limited Partnership purchased in his mother’s brokerage trust account were unsuitable. He also alleged Frank Coussens did not recommend or act to liquidate the position when the price was declining.
- The customer alleges unsuitable investment recommendations and misrepresentation by Frank Coussens.
Frank Coussens Red Flags & Your Rights as An Investor
Of course, Frank Coussens 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 that should put all current and former customers of Frank Coussens at Ameriprise Financial Services and Merrill Lynch Pierce Fenner Smith on alert to review carefully the activity and performance of their accounts and question whether Frank Coussens has engaged in any stockbroker misconduct that may have caused them investment losses.
A large number of customer complaints at Ameriprise Financial Services and Merrill Lynch Pierce Fenner Smith 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 Ameriprise Financial Services Due to Frank Coussens
If you have questions about Ameriprise Financial Services, Merrill Lynch Pierce Fenner Smith, and/or Frank Coussens 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.