Stifel, Nicolaus & Company, Incorporated Financial Advisor Scott Sanders Investment Losses
Posted on Wednesday, September 12th, 2018 at 10:34 am
Have you suffered losses due to investments with Stifel, Nicolaus & Company, Incorporated financial advisor Scott Sanders (CRD# 3063288)? Sanders has been registered with Stifel, Nicolaus & Company, Incorporated In Fort Myers, Florida since 2009.
Sanders has been the subject of three customer complaints between 2008 and 2018, one of which was denied and one was closed without action, according to his CRD report:
July 2018. “Claimants allege breach of fiduciary duty; negligence; failure to supervise, breach of contract.” The customer is seeking $193,281 in damages and the case is currently pending. This claim is regarding common and preferred stocks.
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, Stifel, Nicolaus & Company, Incorporated may be liable for investment or other losses suffered by Sanders’ 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.