Advisor Alert: Our Attorneys Are Investigating Michael Cletus Brown For Investment Fraud
Did You Lose Money Because of Michael Brown?
Filed: January 16, 2024
Michael Brown 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 Michael Cletus Brown.
Who Is Michael Cletus Brown of Vanderbilt Securities, LLC and Vanderbilt Advisory Services?
- Advisor Name: Michael Cletus Brown
- Aliases: Michael Brown
- CRD: 32725
- Location: Farmington Hills, Michigan
- Current Employer: Vanderbilt Securities, LLC and Vanderbilt Advisory Services
- Previous Firms: Cadaret Grant & Co Inc. and Park Avenue Securities LLC
- Number of Known Customer Complaints: 1
- Can Michael Brown Be Sued: Yes, in Private Arbitration
- Can Michael Brown’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $268,377
- Highest Settlement: $75,000
If you have suffered investment losses by Michael Brown, 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 Michael Brown For Broker Misconduct
As of this publication date, Michael Brown has been the subject of 1 customer dispute. Let’s review it below.
In September 2019, a FINRA arbitration was filed against or in reference to Michael Brown by a customer of Cadaret Grant & Co Inc. alleging neglect of duties to achieve investment goals. Per the customer, he/she lost over $268,377 because of Mr. Brown’s actions. On April 21, 2020, Mr. Brown settled the claim for $75,000, and some or all of this amount may have been paid by Mr. Brown’s employer and/or insurance carrier.
How To File A Claim Against Michael Brown of Vanderbilt Securities, LLC and Vanderbilt Advisory Services (previously with Cadaret Grant & Co Inc. and Park Avenue Securities LLC) To Get Your Money Back
If you have questions about Michael Brown, Vanderbilt Securities, LLC, Vanderbilt Advisory Services, Cadaret Grant & Co Inc., Park Avenue Securities 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.