| Read Time: 2 minutes |


Michele Savarese Of Client One Securities And Formerly With Kestra Advisory Services, Kestra Investment Services, and Presidential Brokerage Has 12 Customer Complaints For Alleged Broker Misconduct

Who is Michele Savarese of Client One Securities?

Michele Savarese (CRD #1241811) who is currently registered with Client One Securities and located in San Diego, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Client One Securities, Michele Savarese was associated with Kestra Advisory Services, Kestra Investment Services, Presidential Brokerage and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Michele Savarese Customer Complaints

Michele Savarese has been the subject of 12 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Michele Savarese’s 12 customer complaints resulted in an arbitration award in favor of the investors. Seven of Michele Savarese’s  customer complaints were settled in favor of investors. Three of Michele Savarese’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 Presidential Brokerage for investment losses caused by Michele Savarese’s alleged misconduct.

Allegations Against Michele Savarese

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

  • Allegations were misrepresentation and poor performance by Michele Savarese.
  • Breach of fiduciary duty allegedly by Michele Savarese.
  • Client is questioning the returns & performance on these Alternative Investments allegedly made by Michele Savarese.
  • Customer alleged negligence and failure to use stops on various securities by Michele Savarese.

Michele Savarese Red Flags & Your Rights As An Investor

Of course, Michele Savarese 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 Michele Savarese at Client One Securities, Kestra Advisory Services, Kestra Investment Services, and Presidential Brokerage on alert to review carefully the activity and performance of their accounts and question whether Michele Savarese has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Client One Securities, Kestra Advisory Services, Kestra Investment Services, and Presidential Brokerage 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 Client One Securities Due To Michele Savarese

If you have questions about Client One Securities, Kestra Advisory Services, Kestra Investment Services, Presidential Brokerage, and/or Michele Savarese 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 $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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars