Advisor Alert: Our Attorneys Are Investigating Frank Joseph Coussens For Investment Fraud
Did You Lose Money Because of Frank Coussens?
Filed: January 17, 2024
Frank Coussens has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Frank Joseph Coussens.
Who Is Frank Joseph Coussens of Ameriprise Financial Services, LLC?
- Advisor Name: Frank Joseph Coussens
- Aliases: Frank Coussens
- CRD: 730556
- Location: Coral Gables, Florida
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Number of Known Customer Complaints: 3
- Can Frank Coussens Be Sued: Yes, in Private Arbitration
- Can Frank Coussens’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $200,000
- Highest Settlement: 80,000
If you have suffered investment losses by Frank Coussens, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Frank Coussens For Broker Misconduct
As of this publication date, Frank Coussens has been the subject of 3 customer disputes. Let’s review them below.
In February 2020, a complaint was filed against or in reference to Frank Coussens by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging that the shares of All American Pipeline Limited Partnership purchased in the client’s mother’s brokerage trust account were unsuitable. He also alleged the advisor did not recommend or act to liquidate the position when the price was declining. Per the customer, he lost over $29,918.55 because of Mr. Coussens’s actions.
In September 2012, a FINRA arbitration was filed against or in reference to Frank Coussens by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging unsuitable investment recommendations and misrepresentation. On December 11, 2012, Mr. Coussens settled the claim for $27,500, and some or all of this amount may have been paid by Mr. Coussens’s employer and/or insurance carrier.
In May 1993, a complaint was filed against or in reference to Frank Coussens by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging suitability, negligence and damages of $200,000. Per the customer, he/she lost over $200,000 because of Mr. Coussens’s actions. On May 13, 1993, Mr. Coussens settled the claim for $80,000, and some or all of this amount may have been paid by Mr. Coussens’s employer and/or insurance carrier.
How To File A Claim Against Frank Coussens of Ameriprise Financial Services, LLC (previously with Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back
If you have questions about Frank Coussens, Ameriprise Financial Services, Merrill Lynch, Pierce, Fenner & Smith Incorporated, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.