Did You Lose Money Because of Michael Gustafson?
Filed: March 11, 2024
Michael Gustafson currently has one (1) pending customer complaint. Overall, he 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 Lloyd Gustafson.
Who Is Michael Lloyd Gustafson of Osaic Wealth, Inc. and Focus Financial?
- Advisor Name: Michael Lloyd Gustafson
- Aliases: Michael Gustafson
- CRD: 2202450
- Location: Minneapolis, Minnesota
- Current Employer: Osaic Wealth, Inc. and Focus Financial
- Previous Firms: American Express Financial Advisors Inc. and IDS Life Insurance Company
- Number of Known Customer Complaints: 1
- Can Michael Gustafson Be Sued: Yes, in Private Arbitration
- Can Michael Gustafson’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $120,000
- Highest Settlement: Unknown
If you have suffered investment losses by Michael Gustafson, 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 Gustafson For Broker Misconduct
As of this publication date, Michael Gustafson has been the subject of 1 customer dispute. Let’s review it below.
In March 2023, a FINRA arbitration was filed against or in reference to Michael Gustafson by a customer of Royal Alliance Associates, Inc. alleging unsuitable recommendations related to the sale of alternative investments. Per the customer, he/she lost over $120,000 because of Mr. Gustafson’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Michael Gustafson of Osaic Wealth, Inc. and Focus Financial (previously with American Express Financial Advisors Inc. and IDS Life Insurance Company) To Get Your Money Back
If you have questions about Michael Gustafson, Osaic Wealth, Inc., Focus Financial, American Express Financial Advisors Inc., IDS Life Insurance Company, 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.