Published On: January 11, 2017

Stoltmann Law Offices is interested in speaking to those investors who may have invested with Alex Etter, a broker with Caldwell Securities. Etter allegedly recommended that his customers engage in an unsuitable active trading investment strategy. Etter did not understand the risks associated with this trading strategy, nor did he recognize the impact the high commissions and fees would have on his customer’s accounts. Because of the unsuitable investment trading strategy, his customers were forced to pay more than $1 million in commissions and fees. Brokers such as Mr. Etter must have a reasonable basis to recommend securities, and if they do not, their brokerage firms may be responsible for investment losses, as the firm had a duty to supervise them while they were employed there. We are securities attorneys based in Chicago, Illinois who bring arbitration claims against brokerage firms in the Financial Industry Regulatory Authority (FINRA) forum on behalf of clients on a contingency fee basis. Please call today if you suffered investment losses. We may be able to help you recover your losses. The initial consultation is free with no obligation. 312-332-4200.

According to FINRA, Alex Evan Etter was registered as a broker with National Securities Corp in Seattle, Washington from May 2000 until January 2005, Brookstreet Securities Corp in New York, New York from January 2005 until June 2007, Investors Capital Corp in Englewood Cliffs, New Jersey from June 2007 until August 2008, World Equity Group in Englewood Cliffs from August 2008 until March 2011 and Caldwell International Securities in Englewood Cliffs from April 2011 until May 2016. He has three customer disputes against him.

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