Israels & Neuman, PLC Investigates Michael Fahsholtz, of Stifel Nicolaus
Have you lost money with financial advisor Michael A. Fahsholtz, with Stifel Nicolaus in Wenatchee, Washington? The Law Firm of Israels & Neuman is investigating allegations of former customers related to Michael Fahsholtz. Fahsholtz has been the subject of six customer complaints within the last three years, many of them alleging misrepresentations in connection with corporate bonds, including below investment grade bonds or “junk” bonds. Fahsholtz sold bonds like Aegean Marine, Linn Energy, and others.
Michael Fahsholtz has been a registered representative of Stifel Nicolaus from 2011 to the present. He has worked at branch offices in Wenatchee, Washington.
Brokerage firms like Stifel Nicolaus 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; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Washington. Attorney David Neuman is licensed to practice law in Washington. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Stifel Nicolaus.