FLORHAM PARK, NJ
Have you lost money with financial advisor Jeffrey A. Fladell from Florham Park, New Jersey? We are looking into allegations made by FINRA (the Financial Industry Regulatory Authority) against Jeffrey Fladell. FINRA suspended Fladell from the securities industry for three months and fined him $5,000. Fladell was being investigated regarding allegations that he sold unsuitable, high-risk municipal bonds to an elderly customer.
Jeffrey Fladell was a registered representative and financial advisor with RBC Capital Markets from 2009 to December 2017. He worked out of a branch office in Florham Park, New Jersey. Fladell has also been the subject of eleven customer complaints.
Broker-dealers like RBC Capital Markets have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives. Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations. When broker-dealers 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; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New Jersey. Our attorneys have represented over one thousand investors against many brokerage firms in the past. Including against RBC Capital Markets.