Advisor Alert: Our Attorneys Are Investigating Scott William Norvell For Investment Fraud
Did You Lose Money Because of Scott Norvell?
Filed: February 19, 2024
Scott Norvell has been the subject of one (1) regulatory event, one (1) criminal event, and three (3) 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 Scott William Norvell.
Who Is Scott William Norvell of Brokers Financial?
- Advisor Name: Scott William Norvell
- Aliases: Scott Norvell
- CRD: 2196706
- Location: Omaha, Nebraska
- Current Employer: Brokers Financial
- Previous Firms: LPL Financial LLC and Cetera Advisors LLC
- Number of Known Customer Complaints: 3
- Number of Known Regulatory Events: 1
- Number of Known Criminal Events: 1
- Can Scott Norvell Be Sued: Yes, in Private Arbitration
- Can Scott Norvell’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $8,000
- Highest Settlement: Unknown
If you have suffered investment losses by Scott Norvell, 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 Scott Norvell For Broker Misconduct
As of this publication date, Scott Norvell has been the subject of 1 regulatory event, 1 criminal event, and 3 customer disputes. Let’s review them below.
In November 2023, FINRA initiated a regulatory action against or in reference to Scott Norvell for allegedly negligently misrepresented the death benefits that customers would receive following exchanging their existing variable annuity products for a different variable annuity product.
In September 2012, a complaint was filed against or in reference to Scott Norvell by a customer of Multi Financial alleging that the client was unaware of the investment she was making. Per the customer, she lost over $5,000 because of Mr. Norvell’s actions.
In April 2008, misdemeanor charges were pressed against Mr. Norvell in the Nebraska Judicial Branch for false Information.
In January 2003, a complaint was filed against or in reference to Scott Norvell by a customer of Vestax Securities Corporation alleging less than full disclosure regarding a 1035 exchange of a variable life policy in 10/99. Per the customer, she lost over $8,000 because of Mr. Norvell’s actions.
In January 2003, a complaint was filed against or in reference to Scott Norvell by a customer of Vestax Securities Corporation alleging less than full disclosure regarding variable annuity exchange in October 1999. Per the customer, she lost over $5,000 because of Mr. Norvell’s actions.
How To File A Claim Against Scott Norvell of Brokers Financial (previously with LPL Financial LLC and Cetera Advisors LLC) To Get Your Money Back
If you have questions about Scott Norvell, Brokers Financial, LPL Financial LLC, Cetera Advisors 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.