Advisor Alert: Our Attorneys Are Investigating Michael Steven Bullis For Investment Fraud
Did You Lose Money Because of Michael Bullis?
Filed: January 24, 2024
Michael Bullis 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 Michael Steven Bullis.
Who Is Michael Steven Bullis of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.?
- Advisor Name: Michael Steven Bullis
- Aliases: Michael Bullis
- CRD: 3004994
- Location: Royal Oak, Michigan
- Current Employer: Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.
- Previous Firms: First Allied Advisory Services, Inc. and First Allied Securities, Inc.
- Number of Known Customer Complaints: 3
- Can Michael Bullis Be Sued: Yes, in Private Arbitration
- Can Michael Bullis’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $180,000
- Highest Settlement: $80,000
If you have suffered investment losses by Michael Bullis, 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 Bullis For Broker Misconduct
As of this publication date, Michael Bullis has been the subject of 3 customer disputes. Let’s review them below.
In January 2020, a complaint was filed against or in reference to Michael Bullis by a customer of Raymond James Financial Services, Inc. alleging variable annuity was misrepresented and unsuitable to his needs. Per the customer, he lost over $8,669.29 because of Mr. Bullis’s actions.
In September 2003, a NASD arbitration was filed against or in reference to Michael Bullis by a customer of Grattan Financial Securities, Inc. alleging that Mr. Bullis said that the product was guaranteed and that the client was placed in unsuitable investments. Per the customer, she lost over $100,000 because of Mr. Bullis’s actions. On May 2, 2005, Mr. Bullis settled the claim for $31,000, and some or all of this amount may have been paid by Mr. Bullis’s employer and/or insurance carrier.
In July 2002, a complaint was filed against or in reference to Michael Bullis by a customer of Grattan Financial Securities, Inc. alleging that the customer was placed in unsuitable investments. The initial accounts were opened in October, 2000. Per the customer, he/she lost over $180,000 because of Mr. Bullis’s actions. On September 11, 2003, Mr. Bullis settled the claim for $80,000, and some or all of this amount may have been paid by Mr. Bullis’s employer and/or insurance carrier.
How To File A Claim Against Michael Bullis of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc. (previously with First Allied Advisory Services, Inc. and First Allied Securities, Inc.) To Get Your Money Back
If you have questions about Michael Bullis, Raymond James Financial Services, Inc., Raymond James Financial Services Advisors, Inc., First Allied Advisory Services, Inc., First Allied Securities, Inc., 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.