Advisor Alert: Our Attorneys Are Investigating Steve Walter Marciniak For Investment Fraud
Did You Lose Money Because of Steve Marciniak?
Filed: January 24, 2024
Steve Marciniak has been the subject of one (1) regulatory event, one (1) termination event, and 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 Steve Walter Marciniak.
Who Is Steve Walter Marciniak of Ameriprise Financial Services, LLC?
- Advisor Name: Steve Walter Marciniak
- Aliases: Steve W Marciniak
- CRD: 4154796
- Location: Center Valley, Pennsylvania
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Wells Fargo Advisors, LLC and Salomon Smith Barney Inc.
- Number of Known Customer Complaints: 2
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Can Steve Marciniak Be Sued: Yes, in Private Arbitration
- Can Steve Marciniak’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $30,000
- Highest Settlement: Unknown
If you have suffered investment losses by Steve Marciniak, 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 Steve Marciniak For Broker Misconduct
As of this publication date, Steve Marciniak has been the subject of 1 regulatory event, 1 termination event, and 2 customer disputes. Let’s review them below.
In August 2015, FINRA initiated a regulatory action against or in reference to Steve Marciniak for allegedly executing trades on behalf of customers in non-discretionary managed accounts prior to receiving the customers’ authorization.
In August 2019, a complaint was filed against or in reference to Steve Marciniak by a customer of Ameriprise Financial Services, LLC alleging that the provisions of a 2018 variable annuity purchase were misrepresented. The client also alleged fee based managed accounts were opened, and trading activity occurred, without being fully discussed with the client. Per the customer, he/she lost over $20,384.82 because of Mr. Marciniak’s actions.
In October 2011, a complaint was filed against or in reference to Steve Marciniak by a customer of Wells Fargo Advisors, LLC alleging that Mr. Marciniak delayed processing the estate paperwork. The account value declined $30,000.00 during the delay. Per the customer, he/she lost over $30,000 because of Mr. Marciniak’s actions.
In January 2013, Wells Fargo Advisors, LLC terminated Steve Marciniak for not following firm policy relating to timely contacting clients prior to the entry of trades.
How To File A Claim Against Steve Marciniak of Ameriprise Financial Services, LLC (previously with Wells Fargo Advisors, LLC and Salomon Smith Barney Inc.) To Get Your Money Back
If you have questions about Steve Marciniak, Ameriprise Financial Services, LLC, Wells Fargo Advisors, LLC and Salomon Smith Barney 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.