Israels & Neuman, PLC Investigates Murray Todd Petersen, formerly of SCF Securities
Have you lost money with financial advisor Murray Todd Petersen (Todd Petersen), formerly with SCF Securities in Roseville and Fresno, California? We are investigating allegations of customers related to Todd Petersen. Petersen has been the subject of customer complaints, where the customers allege that Petersen sold investments in diamonds, which were allegedly overvalued.
Murray Todd Petersen was a registered representative of SCF Securities from November 2015 to October 2019. He also has been with Ameriprise Financial Advisors since December 2019. He worked at branch offices in Roseville and Fresno, California. Petersen was discharged by SCF Securities in October 2019 regarding allegations that he misstated circumstances related to an outside business activity. Petersen has also been the subject of at least four tax liens. He also operates Windsor Assets and Gateway Financial Group.
Brokerage firms like SCF Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout California. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
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