Advisor Alert: Our Attorneys Are Investigating Peter David Maller For Investment Fraud
Did You Lose Money Because of Peter Maller?
Filed: March 12, 2024
Peter Maller has been the subject of seven (7) 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 Peter David Maller.
Who Is Peter David Maller of Lincoln Financial Advisors Corporation?
- Advisor Name: Peter David Maller
- Aliases: Peter Maller
- CRD: 2322403
- Location: Hunt Valley, Maryland
- Current Employer: Lincoln Financial Advisors Corporation
- Previous Firms: The Lincoln National Life Insurance Company
- Number of Known Customer Complaints: 7
- Can Peter Maller Be Sued: Yes, in Private Arbitration
- Can Peter Maller’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $150,000
- Highest Settlement: $151,963.23
If you have suffered investment losses by Peter Maller, 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 Peter Maller For Broker Misconduct
As of this publication date, Peter Maller has been the subject of 7 customer disputes. Let’s review them below.
In May 2023, a FINRA arbitration was filed against or in reference to Peter Maller by multiple customers of Lincoln Financial Advisors Corporation alleging that Mr. Maller recommended an unsuitable Oil & Gas investment. Per the customers, they lost over $150,000 because of Mr. Maller’s actions. On October 6, 2023, Mr. Maller settled the claim for $151,963.23, and some or all of this amount may have been paid by Mr. Maller’s employer and/or insurance carrier.
In May 2023, a FINRA arbitration was filed against or in reference to Peter Maller by a customer of Lincoln Financial Advisors Corporation alleging that Mr. Maller recommended an unsuitable Oil & Gas investment. Per the customer, he/she lost over $50,000 because of Mr. Maller’s actions. On October 6, 2023, Mr. Maller settled the claim for $94,911.27, and some or all of this amount may have been paid by Mr. Maller’s employer and/or insurance carrier.
In May 2023, a FINRA arbitration was filed against or in reference to Peter Maller by multiple customers of Lincoln Financial Advisors Corporation alleging that Mr. Maller recommended an unsuitable Oil & Gas investment. Per the customers, they lost over $70,000 because of Mr. Maller’s actions. On October 6, 2023, Mr. Maller settled the claim for $65,054.21, and some or all of this amount may have been paid by Mr. Maller’s employer and/or insurance carrier.
In February 2023, a FINRA arbitration was filed against or in reference to Peter Maller by multiple customers of Lincoln Financial Advisors Corporation alleging that Mr. Maller recommended an unsuitable Oil & Gas investment. Per the customers, they lost over $100,000 because of Mr. Maller’s actions. On October 6, 2023, Mr. Maller settled the claim for $110,912.62, and some or all of this amount may have been paid by Mr. Maller’s employer and/or insurance carrier.
In March 2020, a complaint was filed against or in reference to Peter Maller by a customer of Lincoln Financial Advisors alleging that an unauthorized trade was made in February 2020.
In August 2019, a FINRA arbitration was filed against or in reference to Peter Maller by a customer of Lincoln Financial Advisors alleging that Mr. Maller invested her life savings in an unsuitable and deceptive manner, specifically concentrating her assets in annuities and illiquid, non-publicly traded investments. On January 5, 2021, Mr. Maller settled the claim for $115,000, and some or all of this amount may have been paid by Mr. Maller’s employer and/or insurance carrier.
In March 2017, a complaint was filed against or in reference to Peter Maller by multiple customers of Lincoln Financial Advisors Corporation alleging that the clients were not informed the two investments purchased in May of 2015 and July of 2016 were illiquid.
How To File A Claim Against Peter Maller of Lincoln Financial Advisors Corporation (previously with The Lincoln National Life Insurance Company) To Get Your Money Back
If you have questions about Peter Maller, Lincoln Financial Advisors Corporation, The Lincoln National 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.