August 2018-Tampa, Florida
The FINRA records of Michael J. Pepe, a stock broker who is currently employed by Ameriprise Financial Services , disclose a recently filed customer dispute.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In FINRA Case 18-1785 a customer of Ameriprise and Pepe’s prior employer JHS Capital Advisors alleges the Pepe engaged in unauthorized trading in unsuitable securities and seeks damages of $750,000.
Michael Pepe discloses prior six figure settlements with customers who alleged unsuitable and unauthorized trading in their accounts.
Pepe has been employed with Ameriprise since 8/2015. He was employed by JHS Capital Advisors from 3/2010-8/2015.
If you have losses in an account handled by Michael Pepe call for a no charge consultation to discuss your legal options for recovery.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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