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Richard Schultz Formerly With Stifel, Nicolaus & Company, Incorporated and Wells Fargo Advisors, LLC Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Richard Schultz formerly with Stifel, Nicolaus & Company, Incorporated?

Richard Schultz

Richard Schultz (CRD #1418586) who was formerly registered as a broker with Stifel, Nicolaus & Company, Incorporated and located in La Crosse, Wisconsin, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Stifel, Nicolaus & Company, Incorporated, Richard Schultz was associated with Wells Fargo Advisors, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Richard Schultz Customer Complaints

Richard Schultz has been the subject of 2 customer complaints that we know about to recover investment losses. One of the customer complaints evolved into an arbitration proceeding an award in favor of the investor. The other customer complaint was denied by Stifel Nicolaus & Co. and, to date, the customer has not taken any further action.

Allegations Against Richard Schultz

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

  • Unauthorized transactions.
  • Breaches of fiduciary duty, fraud, negligence and unsuitable investment recommendations related to ETF transactions.

Richard Schultz Red Flags & Your Rights As An Investor

Of course, Richard Schultz 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 Richard Schultz at Stifel, Nicolaus & Company, Incorporated and Wells Fargo Advisors, LLC on alert to review carefully the activity and performance of their accounts and question whether Richard Schultz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Stifel, Nicolaus & Company, Incorporated and Wells Fargo Advisors, LLC 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.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

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or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Stifel, Nicolaus & Company, Incorporated Due To Richard Schultz

If you have questions about Stifel, Nicolaus & Company, Incorporated, Wells Fargo Advisors, LLC and/or Richard Schultz 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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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.

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