Published On: February 20, 2017

Stoltmann Law Offices is investigating Arthur Hoffman, who is the subject of a pending customer dispute. Hoffman was accused of committing securities fraud, misrepresenting material facts, breaching fiduciary duty, concealing funds and acting negligently in connection to investments in leveraged exchange-traded funds (ETFs). These are all against securities rules and regulations. ETFs can be high-risk, illiquid investments not suitable for many investors. A broker must take into account a customer’s age, net worth, investment objectives and investment sophistication. If he does not, his brokerage firm can be held liable for investment losses. We are Chicago-based securities attorneys who may be able to help you bring a claim against Ameriprise Financial in the Financial Industry Regulatory Authority (FINRA) arbitration forum if you suffered losses with Arthur Hoffman. We take cases on a contingency fee basis so we only get paid if you recover money.

According to his online, FINRA BrokerCheck report, Hoffman was registered with Morgan Stanley in Purchase, New York from April 1999 until January 2003, Merrill Lynch in Sun City, Arizona from January 2003 until May 2009 and Wedbush Securities in Glendale, Arizona from May 2009 until November 2016. He is currently registered with Ameriprise Financial Services in Glendale and has been since November 2016. He has one customer dispute against him, which is pending.

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