| Read Time: 2 minutes |


Michael Desando of Network 1 Financial Securities Inc. And Formerly With Garden State Securities Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Michael Desando of Network 1 Financial Securities Inc.?

Michael Desando (CRD #1849321) who is currently registered with Network 1 Financial Securities Inc. and located in Red Bank, New Jersey is a subject of one of our many securities industry sales practice abuse investigations. Prior to Network 1 Financial Securities Inc., Michael Desando was associated with Garden State Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Michael Desando Customer Complaints

Michael Desando has been the subject of 2 customer complaints that we know about. Two of Michael Desando’s 2 customer complaints were settled in favor of investors.

Allegations Against Michael Desando

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

  • Breach of Fiduciary Duty allegedly by Michael Desando.
  • Michael Desando’s client alleged suitability, excessive trading and mismanagement.

Michael Desando Red Flags & Your Rights As An Investor

Of course, Michael Desando 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 Desando at Network 1 Financial Securities Inc. and Garden State Securities on alert to review carefully the activity and performance of their accounts and question whether Michael Desando has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Network 1 Financial Securities Inc. and Garden State Securities 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 Network 1 Financial Securities Inc. Due To Michael Desando

If you have questions about Network 1 Financial Securities Inc., Garden State Securities, and/or Michael Desando 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 $125 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