Advisor Alert: Our Attorneys Are Investigating Michael Wayne Schwartz For Investment Fraud
Did You Lose Money Because of Michael Schwartz?
Filed: November 15, 2023
Michael Schwartz 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 Wayne Schwartz.
Who Is Michael Wayne Schwartz of Ameriprise Financial Services, LLC?
- Advisor Name: Michael Wayne Schwartz
- Aliases: Michael W Schwartz, Michael Schwartz
- CRD: 2669252
- Location: New York and Brooklyn, New York State
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Cetera Advisor Networks LLC and Royal Alliance Associates, Inc.
- Number of Known Customer Complaints: 1
- Can Michael Schwartz Be Sued: Yes, in Private Arbitration
- Can Michael Schwartz’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 Schwartz, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a churning 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 Schwartz For Broker Misconduct
As of this publication date, Michael Schwartz has been the subject of 1 customer dispute. Let’s review it below.
In August 2019, a complaint was filed against or in reference to Michael Schwartz by a customer of Royal Alliance Associates, Inc. alleging that that variable annuities purchased in 2014 were misrepresented and unsuitable. Per the customer, he/she lost over $5,000 because of Mr. Schwartz’s actions.
How To File A Claim Against Michael Schwartz of Ameriprise Financial Services, LLC (previously with Cetera Advisor Networks LLC and Royal Alliance Associates, Inc.) To Get Your Money Back.
If you have questions about Michael Schwartz, Ameriprise Financial Services, LLC, Cetera Advisor Networks LLC, Royal Alliance Associates, 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.