Advisor Alert: Our Attorneys Are Investigating Michael Richard Hyser For Investment Fraud
Did You Lose Money Because of Michael Hyser?
Filed: March 4, 2024
Michael Hyser currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint and two (2) regulatory events. 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 Richard Hyser.
Who Is Michael Richard Hyser of Kestra Investment Services, LLC and Kestra Advisory Services, LLC?
- Advisor Name: Michael Richard Hyser
- Aliases: Michael Hyser
- CRD: 2322261
- Location: Johns Creek, Georgia
- Current Employer: Kestra Investment Services, LLC and Kestra Advisory Services, LLC
- Previous Firms: NFP Advisor Services, LLC, ING Financial Partners, Inc., and Prudential Financial Planning Services
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 2
- Can Michael Hyser Be Sued: Yes, in Private Arbitration
- Can Michael Hyser’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $5,000
- Highest Settlement: Unknown
If you have suffered investment losses by Michael Hyser, 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 Hyser For Broker Misconduct
As of this publication date, Michael Hyser has been the subject of 1 customer dispute and 2 regulatory events. Let’s review them below.
In April 2023, a FINRA arbitration was filed against or in reference to Michael Hyser by multiple customers of Kestra Investment Services, LLC alleging that Mr. Hyser recommended the sale of unsuitable investments. Per the customers, they lost over $5,000 because of Mr. Hyser’s actions. As of this publication date, this claim remains pending.
In October 2003, the Office Of Commissioner Of Insurance-State Of Georgia initiated a regulatory action against or in reference to Michael Hyser for concealment of material fact on Georgia License Renewal Application and failure to notify commissioner within 60 days of Alabama regulatory action.
In February 2003, the State of Alabama – Department of Insurance initiated a regulatory action against or in reference to Michael Hyser for failure to disclose a 1990 misdemeanor.
How To File A Claim Against Michael Hyser of Kestra Investment Services, LLC and Kestra Advisory Services, LLC (previously with NFP Advisor Services, LLC, ING Financial Partners, Inc., and Prudential Financial Planning Services) To Get Your Money Back
If you have questions about Michael Hyser, Kestra Investment Services, LLC, Kestra Advisory Services, LLC, NFP Advisor Services, LLC, ING Financial Partners, Inc., Prudential Financial Planning Services, 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.