DID MICHAEL PACKMAN CAUSE YOU INVESTMENT LOSSES?
Michael Packman formerly with Axiom Capital Management, Inc. Has 4 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years
Who is Michael Packman formerly with Axiom Capital Management, Inc.?
Michael Packman (CRD #2518120) who was formerly registered with Axiom Capital Management, Inc. and located in Westbury, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Axiom Capital Management, Inc., Michael Packman was associated with Financial West Group and 5 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Axiom Capital Management, Inc. Broker Misconduct
In his career, Michael Packman has been the subject of 4 customer complaints that we know about, all 4 of those complaints were filed in the last year to recover investment losses. All of Michael Packman’s 4 customer complaints were settled by his former employer Axiom Capital Management, Inc. in favor of investors.
Allegations Against Michael Packman
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- Customer alleged that the financial advisor made an unsuitable recommendation, in a private placement/alternative investment.
- Craft customer alleged that financial advisor recommended an unsuitable investment strategy involving private placements and alternative investments.
Michael Packman Red Flags & Your Rights As An Investor
Of course, Michael Packman 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 Packman at Axiom Capital Management, Inc. and Financial West Group on alert to review carefully the activity and performance of their accounts and question whether Michael Packman as engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Axiom Capital Management, Inc. and Financial West Group 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 Axiom Capital Management, Inc.
If you have questions about Axiom Capital Management, Inc., Financial West Group and/or Michael Packman 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.