Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 19, 2018 indicate that California-based Stifel Nicolaus & Company broker/adviser Todd Niedermeyer has received customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Niedermeyer (CRD# 1732585).
Todd Niedermeyer has spent 30 years in the securities industry and has been registered with Stifel Nicolaus & Company in San Francisco, California since 2011. Previous registrations include Wells Fargo Investments in San Francisco, California (2001-2008); Wells Fargo Securities in San Francisco, California (2000-2002); Black & Company in Portland, Oregon (1997-2000); Painewebber in Weehawken, New Jersey (1995-1997); Kidder Peabody & Company in New York, New York (1994-1995); Lehman Brothers in New York, New York (1989-1994); and Kidder Peabody & Company (1987-1989). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on November 17, 2001; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on October 21, 1987; Series 7 (General Securities Representative Examination), which he obtained on September 19, 1987; and Series 24 (General Securities Principal Examination), which he obtained on March 16, 1999. He is a registered broker and investment adviser with 25 US states and territories.
According to his BrokerCheck report, he has received two customer complaints and four customer complaints that were closed, denied or withdrawn.
In February 2018 a customer alleged Todd Niedermeyer, while employed at Stifel Nicolaus & Company, executed an unauthorized sale of shares of a common stock. The customer sought unspecified damages in the complaint, which was denied.
In 2011 a customer alleged he, while employed at Stone & Youngberg, failed to follow verbal instructions to liquidate three mutual funds. The customer sought more than $6,700 in damages in the complaint, which was withdrawn.
In 2008 he was terminated from his position at Wells Fargo Investments in connection to allegations he emailed confidential customer information to his brother, who was employed by a competing firm, in violation of company policy.
In 2007 a customer alleged he, while employed at Wells Fargo Investments, made recommendations that lacked an overall strategy. The customer sought unspecified damages in the complaint, which was closed with no action taken.
In 2003 a customer alleged he, while employed at Wells Fargo Investments, misrepresented material facts related to an investment in over-the-counter equities. The customer sought $59,000 in damages in the complaint, which was denied.
In 1997 a customer alleged Todd Niedermeyer, while employed at Painewebber, executed unauthorized trading of equities. The complaint settled for $22,575.
In 1993 a customer alleged Todd Niedermeyer, while employed at Lehman Brothers, executed excessive and unsuitable transactions. The complaint settled in 1994 for $14,999.
If you or someone you know has a complaint regarding Todd Niedermeyer, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect 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.