| Read Time: 2 minutes |

DID STEPHEN DELLELO CAUSE YOU INVESTMENT LOSSES?

Stephen Dellelo Of NEXT Financial Group, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Stephen Dellelo of NEXT Financial Group, Inc.?

Stephen Dellelo (CRD #2170012) who is currently registered with NEXT Financial Group, Inc. and located in South Easton, Massachusetts is a subject of one of our many securities industry sales practice abuse investigations.

Stephen Dellelo Customer Complaints

Stephen Dellelo has been the subject of 2 customer complaints that we know about. One of Stephen Dellelo’s 2 customer complaints was settled in favor of investors. There is currently one pending customer complaint filed against NEXT Financial Group, Inc. for investment losses caused by Stephen Dellelo’s alleged misconduct.

Allegations Against Stephen Dellelo

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

  • Claimant alleged that Stephen Dellelo failed to adhere to investment objectives and instructions; failed to implement an appropriate investment strategy, which included investing the bulk of Claimant’s assets in a whole life policy; made materially false and misleading statements; failed to advise diversification strategies and failed to follow industry rules and regulations.
  • Customer alleged Stephen Dellelo invested funds in private and illiquid investments which were unsuitable and caused customer’s investment portfolio to suffer losses.

Stephen Dellelo Red Flags & Your Rights As An Investor

Of course, Stephen Dellelo 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 Stephen Dellelo at NEXT Financial Group, Inc. on alert to review carefully the activity and performance of their accounts and question whether Stephen Dellelo has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NEXT Financial Group, Inc. 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 NEXT Financial Group, Inc. Due To Stephen Dellelo

If you have questions about NEXT Financial Group, Inc. and/or Stephen Dellelo 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...