Advisor Alert: Our Attorneys Are Investigating Michael Gregory Culwell For Investment Fraud
Did You Lose Money Because of Michael Culwell?
Filed: March 13, 2024
Michael Culwell (also known as Mike Culwell) currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) 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 Gregory Culwell.
Who Is Michael Gregory Culwell of Emerson Equity LLC?
- Advisor Name: Michael Gregory Culwell
- Aliases: Mike Culwell
- CRD: 5989109
- Location: Irvine, California
- Current Employer: Emerson Equity LLC
- Previous Firms: Ari Financial Services, Inc., Xnergy Financial LLC, and Dimirak Securities Corporation
- Number of Known Customer Complaints: 2
- Can Michael Culwell Be Sued: Yes, in Private Arbitration
- Can Michael Culwell’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $444,000
- Highest Settlement: $130,000
If you have suffered investment losses by Michael Culwell, 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 Culwell For Broker Misconduct
As of this publication date, Michael Culwell has been the subject of 2 customer disputes. Let’s review them below.
In January 2024, a complaint was filed against or in reference to Michael Culwell by a customer of Emerson Equity LLC alleging misrepresentation and unsuitable transactions. Per the customer, he/she lost over $444,000 because of Mr. Culwell’s actions. As of this publication date, this claim remains pending.
In February 2021, a FINRA arbitration was filed against or in reference to Michael Culwell by a customer of Emerson Equity LLC alleging that Mr. Culwell failed to conduct reasonable due diligence, recommended unsuitable transactions, and made material misrepresentations and omissions in recommending securities transactions with respect to transactions in January, 2018 and February, 2018. Per the customer, he/she lost over $300,000 because of Mr. Culwell’s actions. On July 28, 2021, Mr. Culwell settled the claim for $130,000, and some or all of this amount may have been paid by Mr. Culwell’s employer and/or insurance carrier.
How To File A Claim Against Michael Culwell of Emerson Equity LLC (previously with Ari Financial Services, Inc., Xnergy Financial LLC, and Dimirak Securities Corporation) To Get Your Money Back
If you have questions about Michael Culwell, Emerson Equity LLC, Ari Financial Services, Inc., Xnergy Financial LLC, Dimirak Securities Corporation, 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.