Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 20, 2018 indicate that New York-based Oppenheimer & Company broker/adviser Michael Lackwood was discharged from a former employer in connection to alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Lackwood (CRD# 4742917).
Michael Lackwood has spent 13 years in the securities industry and has been registered with Oppenheimer & Company in New York, New York since 2011. Previous registrations include Merrill Lynch in New York, New York (2006-2011); Ameriprise Financial Services in New York, New York (2004-2006); IDS Life Insurance Company in Minneapolis, Minnesota (2004-2006); MetLife Securities in Springfield, Massachusetts (2004); and Metropolitan Life Insurance Company in New York, New York (2004). He has passed two securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on May 1, 2004, and Series 7 (General Securities Representative Examination), which he obtained on February 9, 2004. He is a registered broker and investment adviser with 12 US states and territories: Arkansas, California, the District of Columbia, Florida, Georgia, Illinois, Maryland, New Jersey, New York, North Carolina, Texas, and Washington. He is registered with nine self-regulatory organizations (SROs): CBOE Exchange, the Chicago Stock Exchange, FINRA, NYSE American LLC, NYSE Arca, Nasdaq ISE LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange.
According to his BrokerCheck report, he was discharged from a former employer in connection to alleged rule violations and has received a customer complaint that was withdrawn.
In February 2018 a customer alleged Michael Lackwood, while employed at Oppenheimer & Company, made an unauthorized transaction and generally mismanaged the account. The customer sought $90,000 in damages in the complaint, which was withdrawn.
In 2011 he was terminated from his position at Merrill Lynch in connection to allegations of conduct “in connection with loans made by certain clients” he serviced, and whose accounts he serviced, to third parties.
If you have lost money investing with Michael Lackwood, you may be able to recover your losses. Call 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.