Were you the victim of Ausdal Financial Partners, Inc. broker Michael Hoye (CRD# 3029864)? He has been registered with Ausdal Financial Partners, Inc. in Schaumburg, Illinois, since 2009.
Michael Hoye Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
July 2024. “Violation of federal securities laws; violation of il consumer fraud and deceptive business practices act; violation of il securities law; breach of contract; common law fraud; breach of fiduciary duty; negligence and gross negligence.” The customer is seeking $280,000 in damages, and the case is currently pending. The complaint was regarding GWG Holdings Inc. investment 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, Ausdal Financial Partners, Inc. may be liable for investment or other losses suffered by Michael Hoye’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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