Stoltmann Law Offices is investigating Michael Kolacz, a broker with Cetera Advisors in Rockwall and Plano, Texas. Kolacz is accused of breaching fiduciary duty and misrepresenting material facts related to an insurance and investment plan, and misrepresenting the returns and fees associated with an annuity and the fees associated with a mutual fund. These are against securities rules and regulations. Kolacz was registered with NEXT Financial Group Inc. in Rockwall, Texas from May 2012 until September 2012, and Woodbury Financial Services in Plano, Texas from May 1996 until November 2013. He is currently registered with Cetera Advisors in Rockwall, Texas and has been since November 2013. If you lost money with Michael Kolacz, please call our securities law firm in Chicago at 312-332-4200 to speak to an attorney. We may be able to help you bring a claim against his firm, Cetera Financial, for not reasonably supervising him. The call is free with no obligation.
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