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Mary Helen Caprice Mallett (Bill Tatro’s Wife): Complaints

shutterstock_159512447According to the Financial Industry Regulatory Authority (FINRA), former Arizona-based Independent Financial broker Mary Helen Caprice Mallett is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Mallett (CRD# 1345520).

Mary Helen Caprice Mallett has spent 27 years in the securities industry and was most recently registered with Independent Financial Group in Phoenix, Arizona (2011-2013). Previous registrations include Morgan Stanley in Phoenix (2010-2011); First Allied Securities in Phoenix (2003-2010); Walnut Street Securities in El Segundo, California (2003); Nathan & Lewis Securities in New York, New York (1998-2003); Washington Square Securities in Des Moines, Iowa (1990-1999); Pebsco Securities in Columbus, Ohio (1989-1992); John G. Kinnard and Company in Minneapolis, Minnesota (1988-1990); BJ Leonard & Company (1987-1988); NWNL Management Corporation (1987); and WS Griffith & Company (1985-1987). Married to former First Allied broker William “Bill” Tatro, Ms. Mallett is currently not registered with any firm or state.

According to her BrokerCheck report, Mary Helen Caprice Mallett is the subject of 22 customer complaints and five pending customer complaints.

  • In 2014 a customer alleged Mary Helen Caprice Mallett, while employed at First Allied Securities, Morgan Stanley, Independent Financial, and Private Client Group, misrepresented and omitted material facts, breached her fiduciary duty, breached contract, acted negligently, and failed to supervise her representatives. The customer is seeking unspecified damages in the pending complaint.
  • In 2014 a customer alleged Mary Helen Caprice Mallett, while employed at Morgan Stanley, misrepresented an unsuitable investment strategy. The complaint settled in 2015 for $5,000.
  • In 2014 a customer alleged Mary Helen Caprice Mallett, while employed at Morgan Stanley, recommended unsuitable investments. The complaint settled for $20,906.
  • In 2014 a customer alleged Mary Helen Caprice Mallett, while employed at First Allied Securities, Morgan Stanley, Independent Financial, and Private Client Group, made material misrepresentations and omissions, breached her fiduciary duty, acted negligently, breached contract, and failed to supervise her representatives. The customer is seeking unspecified damages in the pending complaint.
  • In 2012 a customer alleged Mary Helen Caprice Mallett, while employed at Morgan Stanley, made unsuitable investment recommendations. The complaint settled in 2015 for $275,000.
  • In 2012 a customer alleged Mary Helen Caprice Mallett, while employed at First Allied Securities, made unsuitable recommendations from 2003 to 2010. The complaint settled in 2013 for $3,694,820.
  • In 2012 a customer alleged Mary Helen Caprice Mallett, while employed at Morgan Stanley, recommended unsuitable investments. The complaint settled in 2013 for more than $3,600.

If you have complaints regarding Mary Helen Caprice Mallett, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.