There are options for customers of Sigma Financial Corporation broker Matthew McDonald (CRD# 2837629) regarding real estate security losses. He has been registered with Sigma Financial Corporation in Walled Lake, Michigan, since 1999.
Matthew McDonald Customer Complaints
He has been the subject of four customer complaints between 2020 and 2025, according to his CRD report:
April 2025. “The Arbitration Statement of Claim alleged misrepresentation and negligence in connection with the investments purchased in 2012 thru 2016. Claimant further alleges the BD supervision of the claimant’s account was inadequate.” The customer is seeking $230,000 in damages, and the case is currently pending. The complaint was regarding real estate security losses.
April 2022. “Arbitration Statement of Claim alleged misrepresentation and negligence in connection with the investments purchased in 2014 and 2015. Claimant further alleges the BD supervision of the claimant’s account was inadequate.” The customer sought $50,000 in damages, and the case was settled for $28,000. The complaint was regarding real estate security losses.
October 2021. “Arbitration Statement of Claim alleged misrepresentation and negligence in connection with the investments purchased in 2015. Claimants further allege the BD failed to conduct adequate due diligence on the investment programs.” The customer sought $50,000 in damages, and the case was settled for $9,000. The complaint was regarding real estate security losses.
September 2020. “Arbitration Statement of Claim alleged misrepresentation and negligence in connection with the investments purchased in 2010 – 2015. Claimants further allege the BD failed to conduct adequate due diligence on the investment programs.” The customer sought $225,000 in damages, and the case was settled for $12,500. The complaint was regarding real estate security 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, Sigma Financial Corporation may be liable for investment or other losses suffered by Matthew McDonald’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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