Advisor Alert: Our Attorneys Are Investigating Scott Edward Oliphant For Investment Fraud
Did You Lose Money Because of Scott Oliphant?
Filed: November 15, 2023
Scott Oliphant currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) 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 Edward Oliphant.
Who Is Scott Edward Oliphant of Cetera Advisors LLC?
- Advisor Name: Scott Edward Oliphant
- Aliases: Scott Oliphant
- CRD: 4551455
- Location: Columbus, Indiana
- Current Employer: Cetera Advisors LLC
- Previous Firms: Creative Financial Designs, Inc., CFD Investments, Inc., and Raymond James Financial Services, Inc.
- Number of Known Customer Complaints: 2
- Can Scott Oliphant Be Sued: Yes, in Private Arbitration
- Can Scott Oliphant’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,000.
- Highest Settlement: Unknown
If you have suffered investment losses by Scott Oliphant, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Oliphant For Broker Misconduct
As of this publication date, Scott Oliphant has been the subject of 2 customer disputes. Let’s review them below.
In May 2023, a complaint was filed against or in reference to Scott Oliphant by a customer of CFD Investments, Inc. alleging that an annuity purchased in 2016 was sold on the promise that the annuity would increase in value over the course of seven years, and create a guaranteed walk-away benefit. The contract did not work that way, and there was no guaranteed walk-away benefit under the contract. Instead, the contract was designed to increase the withdrawal benefit amount over the timeframe in question, and was designed to create an income benefit for the client. Per the customer, he/she lost over $33,000 because of Mr. Oliphant’s actions.
In January 2023, a FINRA arbitration was filed against or in reference to Scott Oliphant by a customer of CFD Investments, Inc. alleging that the sale of a REIT was not suitable and was an over-concentration of assets. In connection with that same transaction, complainant alleged breach of fiduciary duty, breach of contract, negligence, negligent misrepresentation or omission, common law fraud, and negligent supervision. Per the customer, he lost over $100,000 because of Mr. Oliphant’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Scott Oliphant of Cetera Advisors LLC (previously with Creative Financial Designs, Inc., CFD Investments, Inc., and Raymond James Financial Services, Inc.) To Get Your Money Back.
If you have questions about Scott Oliphant, Cetera Advisors LLC, Creative Financial Designs, Inc., CFD Investments, Inc., Raymond James Financial Services, 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.