Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 22, 2018 indicate that New York-based Maxim Group broker Michael Solomon has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Solomon (CRD# 2024161).
Michael Solomon has spent 28 years in the securities industry and has been registered with Maxim Group in New York, New York since 2011. Previous registrations include HFP Capital Markets in New York, New York (2009-2011); Joseph Gunnar & Company in New York, New York (2007-2009); Oppenheimer & Company in New York, New York (2002-2007); Prime Charter in New York, New York (1997-2002); and DH Blair & Company in New York, New York (1990-1998). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on February 1, 1990; Series 7 (General Securities Representative Examination), which he obtained on January 20, 1990; and Series 24 (General Securities Principal Examination), which he obtained on December 21, 2009. He is a registered broker with 39 US states and territories.
According to his BrokerCheck report, he has received two customer complaints and one pending customer complaint.
In April 2018 a customer alleged Michael Solomon, while employed at Maxim Group, participated in excessive and unsuitable trades from January 1, 2015 until December 31, 2015. The customer is seeking more than $246,900 in damages in the pending complaint.
In 2007 a customer alleged Michael Solomon, while employed at Prime Charter, acted negligently, breached his fiduciary duty, breached contract, and recommended unsuitable investments. The complaint settled for $85,000.
In 2006 a customer alleged Michael Solomon, while employed at Oppenheimer & Company, recommended a margin purchase which the customer did not fully understand. The complaint settled for $5,746.
If you or someone you know has lost money investing with Michael Solomon, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. 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.