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DID MICHAEL JOSEPH WINN CAUSE YOU INVESTMENT LOSSES?

Michael Winn Of Cape Securities And Formerly With First Republic Securities Company, First Republic Investment Management And Private Advisor Group Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Michael Winn of Cape Securities?

Michael Winn (CRD #2369114) who is currently registered with Cape Securities and located in Los Angeles, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cape Securities, Michael Winn was associated with First Republic Securities Company, First Republic Investment Management, Private Advisor Group and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Michael Winn Customer Complaints

Michael Winn has been the subject of 2 customer complaints that we know about. One of Michael Winn’s 2 customer complaints was settled in favor of investors. One of Michael Winn’s customers’ complaints was denied and, to date, the customer has not taken any further action.

Allegations Against Michael Winn

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

  • Client alleged that the investment at issue was only supposed to be for 6-8 years, and that the account was opened without his permission allegedly committed by Michael Winn.
  • Claimant’s counsel alleged the life insurance policy was unsuitable and the surrender and other associated fees were not properly disclosed allegedly by Michael Winn. Counsel further alleged that a financial planning services agreement and related “Scope of Work” was ratified by all parties but none of the promised deliverables were ever provided or implemented.

Michael Winn Red Flags & Your Rights As An Investor

Of course, Michael Winn 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 Winn at Cape Securities, First Republic Securities Company, First Republic Investment Management, and Private Advisor Group on alert to review carefully the activity and performance of their accounts and question whether Michael Winn has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cape Securities, First Republic Securities Company, First Republic Investment Management, and Private Advisor Group 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 Cape Securities Due To Michael Winn

If you have questions about Cape Securities, First Republic Securities Company, First Republic Investment Management, Private Advisor Group, and/or Michael Winn 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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