Advisor Alert: Our Attorneys Are Investigating Frank Richard Nickey For Investment Fraud
Did You Lose Money Because of Frank Nickey?
Filed: February 9, 2024
Frank Nickey has been the subject of two (2) 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 Richard Nickey.
Who Is Frank Richard Nickey of Cetera Investment Services LLC and Cetera Investment Advisers LLC?
- Advisor Name: Frank Richard Nickey
- Aliases: Frank Nickey
- CRD: 4287405
- Location: Newport News, Virginia
- Current Employer: Cetera Investment Services LLC and Cetera Investment Advisers LLC
- Previous Firms: Cuso Financial Services, L.P. and Wells Fargo Advisors Financial Network, LLC
- Number of Known Customer Complaints: 2
- Can Frank Nickey Be Sued: Yes, in Private Arbitration
- Can Frank Nickey’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $16,501
- Highest Settlement: $65,000
If you have suffered investment losses by Frank Nickey, 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 Nickey For Broker Misconduct
As of this publication date, Frank Nickey has been the subject of 2 customer disputes. Let’s review them below.
In July 2020, a FINRA arbitration was filed against or in reference to Frank Nickey by a customer of RBC Capital Markets, LLC alleging that sometime after 2009, Mr. Nickey recommended unsuitable investments in Puerto Rican Bonds and MLP mutual funds. On August 16, 2021, Mr. Nickey settled the claim for $65,000, and some or all of this amount may have been paid by Mr. Nickey’s employer and/or insurance carrier.
In August 2013, a complaint was filed against or in reference to Frank Nickey by a customer of RBC Capital Markets, LLC alleging that Mr. Nickey did not liquidate the client’s portfolio when instructed, resulting in additional losses. Per the customer, they lost over $16,501 because of Mr. Nickey’s actions.
How To File A Claim Against Frank Nickey of Cetera Investment Services LLC and Cetera Investment Advisers LLC (previously with Cuso Financial Services, L.P. and Wells Fargo Advisors Financial Network, LLC) To Get Your Money Back
If you have questions about Frank Nickey, Cetera Investment Services LLC, Cetera Investment Advisers LLC, Cuso Financial Services, L.P., Wells Fargo Advisors Financial Network, LLC, 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.