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

DID JERROLD ROGER ANGEL CAUSE YOU INVESTMENT LOSSES?

Jerrold Angel Formerly With Waddell & Reed, Signator Investors, and Transamerica Financial Advisors Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Jerrold Angel formerly with Waddell & Reed?

Jerrold Angel (CRD #1466898) who was formerly registered with Waddell & Reed and located in Tampa, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Waddell & Reed, Jerrold Angel was associated with Signator Investors, Transamerica Financial Advisors and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Jerrold Angel Customer Complaints

Jerrold Angel has been the subject of 3 customer complaints that we know about. Two of Jerrold Angel’s 3 customer complaints were settled in favor of investors. One of Jerrold Angel’s customers’ complaints was denied and, to date, the customers have not taken any further action.

Allegations Against Jerrold Angel

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 Jerrold Angel disregarded Claimant’s investment objectives and improperly recommended high risk and unsuitable investments.
  • Regarding two variable annuities purchased, the customer alleged she has lost a fortune on her savings because she was not fully informed of the risks that came with investments allegedly made by Jerrold Angel.
  • The heirs of the customer estate alleged that customer was not advised by Jerrold Angel, at the time of sale, or prior to the “annuity date”, that the death benefit would terminate when the annuity annuitized, knowing customer’s desire to maintain a death benefit for his heirs.

Jerrold Angel Red Flags & Your Rights As An Investor

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

If you have questions about Waddell & Reed, Signator Investors, Transamerica Financial Advisors, and/or Jerrold Angel 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.

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