Published on:

Complaint: Independent Financial Broker, Morrie Reiff

The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding California-based Independent Financial Group broker/adviser Morrie Reiff (CRD# 1317814).

Morrie Reiff has spent thirty years in the securities industry and has been registered with Independent Financial Group in Calabasas, California since 2010. Previous registrations include AFA Financial Group in Eagle, Idaho (2003-2010); Sentra Securities Corporation in Phoenix, Arizona (1998-2003); United Pacific Securities in Carlsbad, California (1992-1998); Titan/Value Equities Group in Irvine, California (1989-1992); Value Equities Corporation (1985-1989); and EAC Securities (1985). He is a registered broker and investment adviser in fourteen US states.

shutterstock_105422975According to his BrokerCheck report, Morrie Reiff is the subject of one customer complaint and one dismissed customer complaint.

In 2011 a customer alleged Morrie Reiff, while employed at AFA Financial Group, recommended unsuitable securities, breached his fiduciary duty, committed fraud, misrepresented and omitted material facts related to an investment, failed to supervise, and violated state and federal securities laws. The complaint settled for $12,500.

In 2010 a customer alleged Morrie Reiff, while employed at AFA Financial Group, breached his fiduciary duty, committed fraud, acted negligently, omitted material facts related to an investment, violated state and federal securities laws, and committed elder abuse. The customer sought $2,000,000 in damages in the complaint, which was dismissed.

If you or someone you know has complaints regarding Morrie Reiff or AFA Financial Group, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts every case on contingency: we only receive payment if and when you collect money. Time to file your claim might be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.