The securities and investment fraud law firm is interested in hearing from investors who have complaints regarding New York-based Feltl & Company broker/adviser Lance J. Ziesemer (CRD# 2342087).
Lance J. Ziesemer has spent 22 years in the securities industry and has been registered with Feltl & Company in Wayzata, Minnesota since 2007. Previous registrations include Wachovia Securities in Wayzata, Minnesota (2001-2007); H&R Block Financial Advisors in Detroit, Michigan (1993-2001); and Westonka Investments in Minnetonka, Minnesota (1993). Mr. Ziesemer is a registered broker and adviser in six US states: Arizona, California, Minnesota, New York, Washington, and Minnesota.
According to his BrokerCheck report, Lance J. Ziesemer is the subject of three customer complaints, one regulatory sanction, one pending investigation, and one tax lien.
In 2015 Lance J. Ziesemer was named the subject of a FINRA investigation into potential violations of FINRA and National Association of Securities Dealers (NASD) rules dealing with suitability and commercial honor. The investigation remains pending.
In 2015 the Internal Revenue Service reported a tax lien of more than $76,300 against Lance J. Ziesemer. The lien remains unsatisfied.
In 2013 a customer alleged Lance J. Ziesemer, while employed at Feltl & Company, executed unsuitable and unauthorized transactions, misrepresented material facts related to an investment, and engaged in breakpoint selling. The complaint settled for $150,000.
In 2013 a customer alleged Lance J. Ziesemer, while employed at Feltl & Company, made unsuitable and excessive trades. The complaint settled for $50,000.
In 2008 the Financial Industry Regulatory Authority (FINRA) sanctioned Lance J. Ziesemer following allegations he made unauthorized settlement arrangements with two customers “in an attempt to prevent them from filing a complaint.” Mr. Ziesemer was fined $5,000 and suspended from associating with any FINRA member for twenty business days.
In 2007 a customer alleged Lance J. Ziesemer, while employed at Olde Discount Corporation, made unauthorized and unsuitable trades, and inappropriately used margin. The customer sought more than $100,000 in damages in the complaint, which was denied.
If you have lost money investing with Lance J. Ziesemer, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be qualified to recover your losses. All cases are taken on contingency: we only get paid if and when you collect a recovery. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.