Erez Law is currently investigating former American Portfolios Financial Services, Inc. broker Steven McNeilly (CRD# 5614719) regarding promissory note losses. He was registered with American Portfolios Financial Services, Inc. in Cedar Grove, New Jersey, from 2012 to 2024.
Steven McNeilly Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
July 2024. “Allegation is recommendation of inappropriate Real Estate Investment.” The customer sought $450,000 in damages, and the case was settled for $260,000. The complaint was regarding promissory note losses.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, American Portfolios Financial Services, Inc. may be liable for investment or other losses suffered by Steven McNeilly’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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