Cetera Advisor Networks LLC Broker Michael Bell Mutual Fund Investment Losses

Cetera Advisors LLC

Erez Law is currently investigating Cetera Advisor Networks LLC broker Michael Bell (CRD# 1130667) regarding mutual fund losses. Bell has been registered with Cetera Advisor Networks LLC in Draper, Utah and Murray, Utah since 1996.

Bell has been the subject of one customer complaint, according to his CRD report:

July 2020. “Client alleges investments were not suitable. Client further alleges over-concentration in investment.” The customer is seeking $237,494 in damages and the case is currently pending. The complaint was regarding mutual fund 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, Cetera Advisor Networks LLC may be liable for investment or other losses suffered by Bell’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.

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