Advisor Alert: Our Attorneys Are Investigating Michael Rex Crosett For Investment Fraud
Did You Lose Money Because of Michael Crosett?
Filed: February 15, 2024
Michael Crosett currently has one (1) pending investigation and one (1) pending civil event. has been the subject of one (1) investigation and one (1) civil event. 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 Rex Crosett.
Who Is Michael Rex Crosett of Merrill Lynch, Pierce, Fenner & Smith Incorporated?
- Advisor Name: Michael Rex Crosett
- Aliases: Michael Rex Crosett Sr, Michael Sr. Rex Crosett
- CRD: 2250412
- Location: Mount Pleasant, South Carolina
- Current Employer: Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Previous Firms: Unknown
- Number of Known Investigations: 1
- Number of Known Civil Events: 1
- Can Michael Crosett Be Sued: Yes, in Private Arbitration
- Can Michael Crosett’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: Unknown
If you have suffered investment losses by Michael Crosett, 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 Michael Crosett For Broker Misconduct
As of this publication date, Michael Crosett has been the subject of 1 regulatory event, 1 termination event, and 1 customer dispute. Let’s review them below.
In September 2023, Commissioner of Securities State of Georgia initiated an investigation against or in reference to Michael Crosett alleging that Merrill and Mr. Crosett failed to supervise the accounts of a client with respect to the styling of the customer’s name on the accounts between 1996 and 2015 and Merrill’s processing of instructions received from the authorized individual on the accounts in July 2015.
In July 2023, Bellevue Memorial Gardens Inc. initiated a civil action against or in reference to Michael Crosett for alleged breach of fiduciary duties and negligence.
How To File A Claim Against Michael Crosett of Merrill Lynch, Pierce, Fenner & Smith Incorporated To Get Your Money Back
If you have questions about Michael Crosett, Merrill Lynch, Pierce, Fenner & Smith Incorporated, 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.