Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on January 29, 2018 indicate that Florida-based Ameriprise broker/adviser Michael Lipscomb has received several resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Lipscomb (CRD# 2286249).
Michael Lipscomb has spent 25 years in the securities industry and has been registered with Ameriprise Financial Services in Orlando, Florida since 2014. Previous registrations include Wunderlich Securities in Memphis, Tennessee (2007-2014); Capital Securities of America in Hartville, Ohio (2004-2007); Wachovia Securities in St. Louis, Missouri (2001-2004); JWGenesis Financial Group in Boca Raton, Florida (1999-2001); and Chatfield Dean & Company in Greenwood Village, Colorado (1992-1999). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 22, 2015; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 18, 1992; and Series 7 (General Securities Representative Examination), which he obtained on October 21, 1992. He is a registered broker and investment adviser with ten US states: California, Colorado, Florida, Georgia, New York, North Carolina, South Carolina, Texas, Virginia, and Washington.
According to his BrokerCheck report, he has received two customer complaints and two pending customer complaints.
In December 2017 a customer alleged Michael Lipscomb, while employed at Ameriprise Financial Services, recommended unsuitable oil and gas limited partnerships. The customer is seeking $33,402 in damages in the pending complaint.
In December 2017 a customer alleged Michael Lipscomb, while employed at Ameriprise Financial Services, recommended unsuitable investments in oil and gas limited partnership products. The customer is seeking $43,263 in damages in the pending complaint.
In 2012 a customer alleged he, while employed at Wunderlich Securities, made unsuitable investment recommendations. The complaint settled $90,000.
In 2010 a customer alleged he, while employed at Wunderlich Securities and Capital Securities of America, executed unauthorized transactions, employed improper sales practices, and made unsuitable investment recommendations. The complaint settled for $42,000.
If you have complaints regarding Michael Lipscomb, call 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.