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Michael Anthony Fahsholtz Has 8 Customer Complaints For Alleged Broker Misconduct In the Past Year

Who is Michael Fahsholtz Formally With Stifel, Nicolaus & Co.

Michael Fahsholtz (CRD# 2057306) who was registered with Stifel, Nicolaus & Co. and located in Wenatchee, Washington is a subject of one of our many securities industry sales practice abuse investigations. Prior to Stifel, Nicolaus & Co. was associated with Wells Fargo Advisors and 8 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Stifel, Nicolaus & Co. Broker Misconduct

In his career, Michael Fahsholtz has been the subject of 10 customer complaints that we know about, 8 of those complaints were filed in the last year to recover investment losses. Three of Michael Fahsholtz customer complaints were settled in favor of investors. There are currently 5 pending customer complaints filed against Michael Fahsholtz’s former employer Stifel, Nicolaus & Co. for investment losses caused by his alleged misconduct.

Allegations Against Michael Fahsholtz

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows: 

  • Claimants alleged violation of the Washington Securities Act, breach of fiduciary duty, unsuitable investments, violation of FINRA rules, negligence and breach of contract.
  • Claimants personal representative/authorized agent alleges churning and that registered representative mismanaged claimant’s accounts and made poor recommendations.
  • Client alleges registered representative ought inappropriate stocks, bonds, and unit investment trusts.
  • Claimants allege violation of federal securities laws, violation of Washington Securities Act, violation of Washington’s Consumer Protection Act, breach of contract, common law fraud, breach of fiduciary duty, negligence and gross negligence.

Michael Fahsholtz Red Flags & Your Rights As An Investor

Of course, 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 Michael Fahsholtz at Stifel, Nicolaus & Co. on alert to review carefully the activity and performance of their accounts and question whether Michael Fahsholtz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Stifel, Nicolaus & Co. also raises questions about 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 Stifel, Nicolaus & Co.

If you have questions about Stifel, Nicolaus & Co. and/or Michael Fahsholtz 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 or locally at 561-338-0037.

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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 $160 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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