Advisor Alert: Our Attorneys Are Investigating Homer Scoville Smith IV For Investment Fraud
Did You Lose Money Because of Homer Smith?
Filed: January 17, 2024
Homer Smith has been the subject of one (1) customer complaint. 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 Homer Scoville Smith IV.
Who Is Homer Scoville Smith IV?
- Advisor Name: Homer Scoville Smith IV
- Aliases: Homer Smith
- CRD: 4424221
- Location: Bremerton, Washington
- Current Employer: Currently Not Registered
- Previous Firms: Ameriprise Financial Services, LLC and First Global Capital Corp.
- Number of Known Customer Complaints: 1
- Can Homer Smith Be Sued: Yes, in Private Arbitration
- Can Homer Smith’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $32,273.23
- Highest Settlement: $25,000
If you have suffered investment losses by Homer Smith, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a margin call liquidations 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 Homer Smith For Broker Misconduct
As of this publication date, Homer Smith has been the subject of 1 customer dispute. Let’s review it below.
In December 2019, a FINRA arbitration was filed against or in reference to Homer Smith by a customer of Ameriprise Financial Services, LLC alleging that AFSI prematurely liquidated the client’s Oppenheimer IRA account rather than transferring the account to his ex-wife as contemplated in the Court’s QDRA order. The client claims that the liquidation value was less than the appreciating value of the IRA account to which the ex-wife would have been entitled. Per the customer, he lost over $32,273.23 because of Mr. Smith’s actions. On July 13, 2020, Mr. Smith settled the claim for $25,000, and some or all of this amount may have been paid by Mr. Smith’s employer and/or insurance carrier.
How To File A Claim Against Homer Smith (previously with Ameriprise Financial Services, LLC and First Global Capital Corp.) To Get Your Money Back
If you have questions about Homer Smith, Ameriprise Financial Services, LLC, First Global Capital Corp., 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.