Advisor Alert: Our Attorneys Are Investigating Timothy Jan Vanlohuizen For Investment Fraud
Did You Lose Money Because of Tim Vanlohuizen?
Filed: November 6, 2023
Tim Vanlohuizen has been the subject of nine (9) 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 Timothy Jan Vanlohuizen.
Who Is Timothy Jan Vanlohuizen?
- Advisor Name: Timothy Jan Vanlohuizen
- Aliases: Tim J. Vanlohuizen, Tim Jan Vanlohuizen
- CRD: 2166867
- Location: Coeur d’Alene, Idaho
- Current Employer: Currently Not Registered
- Previous Firms: Osaic Wealth, Inc., Sagepoint Financial, Inc., and Sunamerica Securities, Inc.
- Number of Known Customer Complaints: 9
- Can Tim Vanlohuizen Be Sued: Yes, in Private Arbitration
- Can Tim Vanlohuizen’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $350,000
- Highest Settlement: $114,000
If you have suffered investment losses by Tim Vanlohuizen, 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 Tim Vanlohuizen For Broker Misconduct
As of this publication date, Timothy Vanlohuizen has been the subject of 9 customer disputes. Let’s review them below.
In October 2020, a FINRA arbitration was filed against or in reference to Timothy Vanlohuizen by a customer of Sagepoint Financial, Inc. alleging that Mr. Vanlohuizen recommended unsuitable and overly aggressive investments. Per the customer, he/she lost over $350,000 because of Mr. Vanlohuizen’s actions. On March 8, 2022, Mr. Vanlohuizen settled the claim for $105,000, and some or all of this amount may have been paid by Mr. Vanlohuizen’s employer and/or insurance carrier.
In September 2020, a complaint was filed against or in reference to Timothy Vanlohuizen by multiple customers of Sagepoint Financial, Inc. alleging that Mr. Vanlohuizen poorly managed the clients’ accounts and placed trades in opposition to their stated instructions. Per the customers, they lost over $9,976 because of Mr. Vanlohuizen’s actions. On December 15, 2020, Mr. Vanlohuizen settled the claim for $9,975.90.
In February 2020, a FINRA arbitration was filed against or in reference to Timothy Vanlohuizen by a customer of Sagepoint Financial, Inc. alleging that Mr. Vanlohuizen made unsuitable recommendations. Per the customer, he/she lost over $100,000 because of Mr. Vanlohuizen’s actions. On October 20, 2020, Mr. Vanlohuizen settled the claim for $83,500 and some or all of this amount may have been paid by Mr. Vanlohuizen’s employer and/or insurance carrier.
In May 2019, a FINRA arbitration was filed against or in reference to Timothy Vanlohuizen by a customer of Sagepoint Financial, Inc. alleging negligence, suitability, misrepresentation and breach of fiduciary duty claims related to alleged sales of precious metals and oil and gas investments. Per the customer, he/she lost over $350,000 because of Mr. Vanlohuizen’s actions. On November 8, 2021, Mr. Vanlohuizen settled the claim for $90,000 and some or all of this amount may have been paid by Mr. Vanlohuizen’s employer and/or insurance carrier.
In November 2018, a complaint was filed against or in reference to Timothy Vanlohuizen by a customers of Sagepoint Financial, Inc. alleging that Mr. Vanlohuizen poorly managed retirement accounts and gave poor advice as to the sustainability of the account once regular withdrawals were initiated. Per the customer, he/she lost over $126,000 because of Mr. Vanlohuizen’s actions. On May 22, 2019, Mr. Vanlohuizen settled the claim for $25,000 and some or all of this amount may have been paid by Mr. Vanlohuizen’s employer and/or insurance carrier.
In April 2017, a complaint was filed against or in reference to Timothy Vanlohuizen by a customer of Sagepoint Financial, Inc. alleging that Mr. Vanlohuizen provided inaccurate advice in 2014 in connection with a rollover of a defined benefit account. On October 10, 2017, Mr. Vanlohuizen settled the claim for $13,000 and some or all of this amount may have been paid by Mr. Vanlohuizen’s employer and/or insurance carrier.
In December 2016, a complaint was filed against or in reference to Timothy Vanlohuizen by a customer of Sagepoint Financial, Inc. alleging unsuitable investments. Per the customer, he/she lost over $275,000 because of Mr. Vanlohuizen’s actions. On December 26, 2017, Mr. Vanlohuizen settled the claim for $114,000 and some or all of this amount may have been paid by Mr. Vanlohuizen’s employer and/or insurance carrier.
In November 2015, a complaint was filed against or in reference to Timothy Vanlohuizen by a customer of Sagepoint Financial, Inc. alleging unsuitability. excessive trading, and churning of the account. Per the customer, he/she lost over $165,311 because of Mr. Vanlohuizen’s actions.
In August 1999, a NASD arbitration was filed against or in reference to Timothy Vanlohuizen by a customer of Waddell & Reed, Inc. Per the customer, he/she lost over $225,000 because of Mr. Vanlohuizen’s actions. An arbitration panel found that Timothy Vanlohuizen was negligent and awarded $44,100 in favor of the customers.
How To File A Claim Against Tim Vanlohuizen (previously with Osaic Wealth, Inc., Sagepoint Financial, Inc., and Sunamerica Securities, Inc.) To Get Your Money Back.
If you have questions about Timothy Vanlohuizen, Osaic Wealth, Inc., Sagepoint Financial, Inc., Sunamerica Securities, 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.