Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 6, 2018 indicate that Florida-based Ameriprise Financial Services broker/adviser John Tao has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Tao (CRD# 2505955).
John Tao has spent 17 years in the securities industry and has been registered with Ameriprise Financial Services in Plantation, Florida since 2002. Previous registrations include IDS Life Insurance Company in Minneapolis, Minnesota (2002-2006) and Baraban Securities in Los Angeles, California (1995). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on August 13, 2002; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 6, 1995; and Series 7 (General Securities Representative Examination), which he obtained on August 2, 2002. He is a registered broker and investment adviser with seven US states: California, Florida, Hawaii, Illinois, Maryland, North Carolina, and Pennsylvania.
According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.
In July 2018 a customer alleged John Tao, while employed at Ameriprise Financial Services, recommended investments in five unsuitable leveraged exchange-traded funds. The customer is seeking $100,000 in damages in the pending complaint.
In 2012 a customer alleged John Tao, while employed at Ameriprise Financial Services, made speculative trades involving mutual funds and exchange-traded funds that resulted in losses. The customer sought $65,000 in damages in the complaint, which was denied.
If you or someone you know has lost money investing with John Tao, call the experienced attorneys at 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.