Advisor Alert: Our Attorneys Are Investigating Michael James Henschel For Investment Fraud

Did You Lose Money Because of Michael Henschel?

Filed: November 6, 2023

Michael Henschel has been the subject of (4) 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 James Henschel.

Who Is Michael James Henschel of LPL Financial LLC?

  • Advisor Name: Michael James Henschel
  • Aliases: Michael Henschel
  • CRD: 3112890
  • Location: Oshkosh and Stevens Point, Wisconsin
  • Current Employer: LPL Financial LLC
  • Previous Firms: Uvest Financial Services Group, Inc.
  • Number of Known Customer Complaints: 4
  • Can Michael Henschel Be Sued: Yes, in Private Arbitration
  • Can Michael Henschel’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $13,900
  • Highest Settlement: $408.12

If you have suffered investment losses by Michael Henschel, 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 Henschel For Broker Misconduct

As of this publication date, Michael Henschel has been the subject of 4 customer disputes. Let’s review them below.

In March 2020, a complaint was filed against or in reference to Michael Henschel by a customer of LPL Financial LLC alleging misrepresentation with regard to the liquidity of a REIT she purchased. Per the customer, he/she lost over $13,900 because of Mr. Henschel’s actions.

In April 2017, a complaint was filed against or in reference to Michael Henschel by a customer of LPL Financial LLC alleging that fees in connection with alternative investment were not disclosed. Per the customer, he/she lost over $11,000 because of Mr. Henschel’s actions.

In December 2016, a complaint was filed against or in reference to Michael Henschel by a customer of LPL Financial LLC alleging misrepresentations and omissions in connection with the sale of a Variable Annuity. Per the customer, he/she lost over $7,633.65 because of Mr. Henschel’s actions.

In June 2001, a complaint was filed against or in reference to Michael Henschel by a customer of Pruco Securities, LLC alleging that Michael Henschel engaged in churning and reinvested the client’s funds in an unsuitable vehicle without regard to her circumstances. On October 26, 2001, Mr. Henschel settled the claim for $408.12, and some or all of this amount may have been paid by Mr. Henschel’s employer and/or insurance carrier.

How To File A Claim Against Michael Henschel of LPL Financial LLC (previously with Uvest Financial Services Group, Inc.) To Get Your Money Back.

If you have questions about Michael Henschel, LPL Financial LLC, Uvest Financial Services Group, 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.