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Michael Cruz Has Received Two Pending Customer Complaints

Michael CruzPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on October 10, 2017 indicate that California-based Courtland Securities Corporation broker Michael Cruz has received pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Cruz (CRD# 2130750).

Michael Cruz has spent 24 years in the securities industry and has been registered with Courtland Securities Corporation in Irvine, California since 2006. Previous registrations include Finance 500 in Newport Beach, California; Robert Scott Securities; AG Edwards & Sons in St. Louis, Missouri; Amerinational Financial Services; and Chatfield Dean & Company in Greenwood Village, California. He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); and Series 24 (General Securities Principal Examination). He is a registered broker with six US states: Arizona, California, Florida, Nevada, North Carolina and Texas.

According to his BrokerCheck report, he has received two pending customer complaints.

In July 2017 a customer alleged Michael Cruz, while employed at Finance 500, breached contract, committed fraud, misrepresented and omitted material facts, breached his fiduciary duty, and breached his covenant of good faith and fair dealing. The customer is seeking $1,070,415 in damages in the pending complaint.

In 2016 a customer alleged Michael Cruz, while employed at Finance 500, recommended unsuitable investments, misrepresented and omitted material facts, breached his fiduciary duty, and breached contract. The customer is seeking $1,760,000 in damages in the pending complaint.

If you or someone you know has a complaint regarding Michael Cruz, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. 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.