Published On: October 23, 2015

According to the Financial Industry Regulatory Authority’s BrokerCheck report on Jeffrey Fladell, he has been the subject of six customer complaints, a regulatory action and a criminal matter. He is accused of violating securities laws such as churning and excessive trading, making unsuitable investment recommendations, negligence and overconcentrating positions, among other claims. In many of the claims, the customer alleged that he was concentrated in municipal bonds or other debt obligations and suffered losses. One investor alleged damages of $1 million as a result of concentration in municipal bonds that were inconsistent with the client’s objective of principal protection. Brokers such as Fladell have a responsibility to make investment recommendations to clients by taking into account their net worth, investment objectives, age and investment sophistication. If they do not, their firms can be held liable for investment losses.

Fladell was registered with Bernard Schnitzer from October 1970 until March 1974, Hermes Securities from July 1971 until July 1975, Swanton Securities from January 1976 until April 1979, Travelers Equities Sales from October 1972 until October 1984, Halpert and Company from April 1979 until November 1988, and J.B. Hanauer & Co. in Parisippany, New Jersey from November 1988 until October 2009. He is currently registered with RBC Capital Markets in Parsippany and has been since October 2009. He has seven customer disputes against him, two of which are pending and one criminal dispute against him.

If you invested and lost money with Jeffrey Fladell, please call us at 312-332-4200 to speak to an attorney. We sue firms such as RBC in the FINRA arbitration forum to recover investment losses for investors. The call is free with no obligation. We take cases on a contingency fee basis only.

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