Were you the victim of Raymond James Financial Services, Inc. broker Michael Citron (CRD# 1374797)? He has been registered with Raymond James Financial Services, Inc. in Morristown, New Jersey, since 2020. He was registered with Stifel, Nicolaus & Company, Incorporated in Florham Park, New Jersey, from 2009 to 2020.
Michael Citron Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2023. “Client alleges FA improperly followed client’s spouse’s instructions to withdraw funds from client’s individual account when spouse was not authorized to give such.” The customer sought $200,000 in damages, and the case was settled for $197,000.
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, Raymond James Financial Services, Inc. may be liable for investment or other losses suffered by Michael Citron’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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