DID STEVEN MAHER CAUSE YOU INVESTMENT LOSSES?
Steven Maher Of American Portfolios Financial Services And Formerly With NEXT Financial Group Has One Customer Complaint For Alleged Broker Misconduct
Who is Steven Maher of American Portfolios Financial Services, Inc.?
Steven Maher (CRD #1011535) who is currently registered with American Portfolios Financial Services, Inc. and located in Oradell, New Jersey is a subject of one of our many securities industry sales practice abuse investigations. Prior to American Portfolios Financial Services, Inc., Steven Maher was associated with NEXT Financial Group and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Steven Maher has had his own regulatory problems with FINRA. He was suspended by FINRA for 2 months last year and fined $10,000 for allegedly obtaining a customer’s signature on a partially completed variable annuity disclosure form and using a photocopy of the signature page to complete additional forms that are required to obtain as member firm’s approval of the transaction he was recommending to the customer.
Steven Maher Customer Complaint
Steven Maher 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 breach of contract, promissory estoppel, breach of covenant of good-faith and fair dealing, negligent misrepresentation, negligence, and breach of fiduciary duty connection with the purchase of a variable annuity. Steven Maher’s customer complaint was settled in favor of the investors.
Steven Maher Red Flags & Your Rights As An Investor
Of course, Steven Maher 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 Steven Maher at American Portfolios Financial Services, Inc. and NEXT Financial Group on alert to review carefully the activity and performance of their accounts and question whether Steven Maher has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at American Portfolios Financial Services, Inc. and NEXT Financial Group 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 American Portfolios Financial Services, Inc. Due To Steven Maher
If you have questions about American Portfolios Financial Services, Inc., NEXT Financial Group, and/or Steven Maher 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.