Advisor Alert: Our Attorneys Are Investigating Laurence Mark Fotsch For Investment Fraud
Did You Lose Money Because of Laurence (Lee) Fotsch?
Filed: February 27, 2024
Laurence Fotsch (also known as Lee Fotsch) 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 Laurence Mark Fotsch.
Who Is Laurence Mark Fotsch of Cetera Advisors LLC?
- Advisor Name: Laurence Mark Fotsch
- Aliases: Laurence Fotsch, Lee Fotsch, Laurence M Fotsch
- CRD: 2003513
- Location: Fort Collins, Colorado
- Current Employer: Cetera Advisors LLC
- Previous Firms: Centaurus Financial, Inc. and Waddell & Reed
- Number of Known Customer Complaints: 1
- Can Laurence Fotsch Be Sued: Yes, in Private Arbitration
- Can Laurence Fotsch’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $10,000
- Highest Settlement: $3,570
If you have suffered investment losses by Laurence Fotsch, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Laurence (Lee) Fotsch For Broker Misconduct
As of this publication date, Laurence Fotsch has been the subject of 1 customer dispute. Let’s review it below.
In November 2017, a complaint was filed against or in reference to Laurence Fotsch by a customer of Waddell & Reed alleging that a life insurance product they purchased while a customer at Waddell & Reed, inc. did not perform as presented. The client also alleges the returns on the mutual fund account established to pay the premiums on the insurance product are inadequate. Per the customer, he/she lost over $10,000 because of Mr. Fotsch’s actions. On September 6, 2018, Mr. Fotsch settled the claim for $3,570, and some or all of this amount may have been paid by Mr. Fotsch’s employer and/or insurance carrier.
How To File A Claim Against Laurence (Lee) Fotsch of Cetera Advisors LLC (previously with Centaurus Financial, Inc. and Waddell & Reed) To Get Your Money Back
If you have questions about Laurence Fotsch, Cetera Advisors LLC, Centaurus Financial, Inc., Waddell & Reed, 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.