MANKATO, MINNESOTA
Have you lost money with financial advisor Joseph Michaletz, formerly of Triad Advisors and Concorde Investment Services in Mankato, Minnesota? We are looking into allegations made against Joseph Michaletz. Joseph Michaletz has been the subject of twelve customer complaints, many of them alleging unsuitable recommendations to invest in private placements, including GPB Capital. GPB has turned out to be a Ponzi scheme.
Joseph Michaletz was a registered representative of Triad Advisors from 2006 to October 2015. He has also been licensed with Concorde Investment Services from October 2015 to April 2018 and DAI Securities from April 2018 to the present. He has worked at branch offices in Mankato, Minnesota.
Brokerage firms like Triad Advisors and Concorde Investment Services 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 Seattle, Washington; Denver, Colorado; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Minnesota. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Triad Advisors.