Money Management Advisory Inc. broker Jeffrey Dillman (CRD# 2515858) is accused of unsuitable investment recommendations. Dillman has been registered with Trustmont Financial Group, Inc. in Feasterville, Pennsylvania since 2018 and with Money Management Advisory Inc. in Feasterville, Pennsylvania since 2009.
Dillman has been the subject of one customer complaint, according to his CRD report:
June 2020. “2012- June 2017, alleged unsuitable securities, common law fraud, breach of fiduciary duty, unjust enrichment, the failure to supervise, and violation of the Pennsylvania Unfair Trade Practices and Consumer Protection Law.” The customer is seeking $375,717 in damages and the case is currently pending. The complaint was regarding variable annuities and took place while Dillman was registered with Money Management Advisory Inc.
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, Money Management Advisory Inc. may be liable for investment or other losses suffered by Dillman’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.