Advisor Alert: Our Attorneys Are Investigating Peter Jay Frederich For Investment Fraud
Did You Lose Money Because of Peter Frederich?
Filed: January 24, 2024
Peter Frederich 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 Peter Jay Frederich.
Who Is Peter Jay Frederich?
- Advisor Name: Peter Jay Frederich
- Aliases: Peter Frederich
- CRD: 5188980
- Location: Pasadena, California
- Current Employer:Currently Not Registered
- Previous Firms: Ameriprise Financial Services, LLC
- Number of Known Customer Complaints: 1
- Can Peter Frederich Be Sued: Yes, in Private Arbitration
- Can Peter Frederich’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $179,000
- Highest Settlement: 42,000
If you have suffered investment losses by Peter Frederich, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a portfolio mismanagement 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 Peter Frederich For Broker Misconduct
As of this publication date, Peter Frederich has been the subject of 1 customer dispute. Let’s review it below.
In June 2020, a FINRA arbitration was filed against or in reference to Peter Frederich by multiple customers of Ameriprise Financial Services, LLC alleging that Mr. Frederich implemented a managed account portfolio without the clients’ authorization. Per the customers, they lost over $179,000 because of Mr. Frederich’s actions. On October 19, 2020, Mr. Frederich settled the claim for $42,000, and some or all of this amount may have been paid by Mr. Frederich’s employer and/or insurance carrier.
How To File A Claim Against Peter Frederich (previously with Ameriprise Financial Services, LLC) To Get Your Money Back
If you have questions about Peter Frederich, Ameriprise Financial Services, LLC, 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.