Wells Fargo Advisors broker/adviser Michael Tantleff is the subject of settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding (CRD# 833798).
Michael Tantleff has spent 39 years in the securities industry and has been registered with Wells Fargo Advisors in Santa Barbara, California since 2003. Previous registrations include Prudential Securities Incorporated in New York, New York (1983-2003); Paine Webber Jackson & Curtis (1977-2980; 1980-1983); and Dean Witter & Company (1977). He is a registered broker and investment adviser with twenty US states and territories.
According to his BrokerCheck report, Michael Tantleff is the subject of three customer complaints and one pending customer complaint.
In January 2016 a customer alleged Michael Tantleff, while employed at Wells Fargo Advisors, should have invested his low-risk portfolio more conservatively. The customer is seeking $130,000 in damages in the pending complaint.
In 2002 a customer alleged Michael Tantleff, while registered with Prudential Securities Incorporated, recommended an unsuitable investment and used margin unsuitably. The complaint settled in 2003 for $550,000.
In 2001 a customer alleged Michael Tantleff, while employed at Prudential Securities Incorporated, did not follow instructions to liquidate managed accounts. The complaint settled in 2002 for $5,000, to which Mr. Tantleff individually contributed $5,000.
In 1995 a customer alleged Michael Tantleff, while employed at Prudential Securities Incorporated, acted negligently, misrepresented and omitted material facts, and breached his fiduciary duty. The complaint settled in 1996 for $85,000.
If you or someone you know has a complaint regarding Michael Tantleff, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup losses. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.
This information made public by FINRA on March 22, 2016.