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Jeffrey Fladell (RBC) Has Customer Complaints

Jeffrey Fladell Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) indicate that New Jersey-based RBC broker/adviser Jeffrey Fladell has received numerous resolved or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Mr. Fladell (CRD# 209278).

Jeffrey Fladell has spent 43 years in the securities industry and has been registered with RBC Capital Markets in Parsippany, New Jersey since 2009. Previous registrations include JB Hanauer & Company in Parsippany, New Jersey (1988-1993; 1995-2009); Halpert & Company (1979-1988); Travelers Equities Sales (1972-1984); Swanton Securities (1976-1979); Hermes Securities (1971-1975); and Bernard Schnizter (1970-1974). He is a registered broker and investment adviser in sixteen US states and territories: California, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Maryland, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Vermont, and Wisconsin.

According to his BrokerCheck report, Jeffrey Fladell is the subject of six customer complaints, three pending customer complaints, and one regulatory sanction.

In April 2016, a customer alleged Jeffrey Fladell, while employed at RBC Capital Markets, recommended unsuitable investments in Puerto Rico bonds. The customer is seeking unspecified damages greater than $5,000 in the pending complaint.

In November 2015, a customer alleged Jeffrey Fladell, while employed at RBC Capital Markets, misrepresented material facts and made unsuitable investment recommendations from 2009 to 2015. The customer is seeking $2,000,000 in damages in the pending complaint.

In September 2015, a customer alleged Jeffrey Fladell, while employed at RBC Capital Markets, recommended certain unsuitable municipal bonds. The customer seeks unspecified damages expected to exceed $5,000 in the pending complaint.

In 2015, a customer alleged Jeffrey Fladell, while employed at RBC Capital Markets, over-concentrated the account, churned the account, and recommended unsuitable municipal bonds. The complaint settled in February 2016 for $500,000.

In 2014, a customer alleged Jeffrey Fladell, while employed at RBC Capital Markets, over-concentrated investments and made unsuitable recommendations. The complaint settled in 2015 for $75,000.

In 2013, a customer alleged Jeffrey Fladell, while employed at RBC Capital Markets, over-concentrated the account and made unsuitable unsuitable investment recommendations. The complaint settled in 2015 for $265,000.

In 2007, a customer alleged Jeffrey Fladell, while employed at J.B. Hanauer & Company, employed an unsuitable strategy. The complaint settled for $110,000, to which Mr. Fladell individually contributed $50,600.

If you have lost money investing with Jeffrey Fladell, you may be able to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds.  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.