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Michael Blankenship Of Janney Montgomery Scott Has 6 Customer Complaints For Alleged Broker Misconduct

Who is Michael Blankenship of Janney Montgomery Scott?

Michael Blankenship (CRD #2215124) who is currently registered with Janney Montgomery Scott and located in Palm Beach Gardens, Florida is a subject of one of our many securities industry sales practice abuse investigations.

Michael Blankenship Customer Complaints

Michael Blankenship has been the subject of 6 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Two of Michael Blankenship’s 6 customer complaints were settled in favor of investors. Three of Michael Blankenship’s customers complaints were denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Janney Montgomery Scott for investment losses caused by Michael Blankenship’s alleged misconduct.

Allegations Against Michael Blankenship

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 his accounts were not managed in his best interest, resulting in unspecified damages allegedly made by Michael Blankenship.
  • Customer alleged Michael Blankenship made unsuitable investments.
  • Customer alleged order entry error resulting in improper use of margin and alleged that investment allegedly made by Michael Blankenship was not suitable.
  • Florida clients alleged that Michael Blankenship recommended unsuitable annuity and equity investments resulting in a loss.
  • Michael Blankenship’s alleged unsuitable allocation of high yield securities.

Michael Blankenship Red Flags & Your Rights As An Investor

Of course, Michael Blankenship 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 Blankenship at Janney Montgomery Scott on alert to review carefully the activity and performance of their accounts and question whether Michael Blankenship has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Janney Montgomery Scott 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 Janney Montgomery Scott Due To Michael Blankenship

If you have questions about Janney Montgomery Scott and/or Michael Blankenship 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.

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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 $170 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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