| Read Time: 2 minutes |

DID MICHAEL WAYNE SCHWARTZ CAUSE YOU INVESTMENT LOSSES?

Michael Schwartz Of Cetera Advisor Networks And Formerly With Royal Alliance Associates Has A Customer Complaint For Alleged Broker Misconduct

Who is Michael Schwartz of Cetera Advisor Networks?

Michael Schwartz (CRD #2669252) who is currently registered with Cetera Advisor Networks and located in Brooklyn, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cetera Advisor Networks, Michael Schwartz was associated with Royal Alliance Associates and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Michael Schwartz Customer Complaint

Michael Schwartz has been the subject of at least one customer complaint that we know about. The allegations made in the FINRA reported customer complaint for investment losses were that variable annuities purchased were misrepresented and unsuitable. Michael Schwartz’s customer complaint was denied and, to date, the customer has not taken any further action.

Michael Schwartz Red Flags & Your Rights As An Investor

Of course, Michael Schwartz 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 Schwartz at Cetera Advisor Networks and Royal Alliance Associates on alert to review carefully the activity and performance of their accounts and question whether Michael Schwartz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisor Networks and Royal Alliance Associates also raises questions about the brokerage firm’s 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 Cetera Advisor Networks Due To Michael Schwartz

If you have questions about Cetera Advisor Networks, Royal Alliance Associates, and/or Michael Schwartz 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

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars
Loading...