Michael Hebner Terminated From a Former Employer

Michael HebnerPublic records published by the Financial Industry Regulatory Authority (FINRA) on February 27, 2017 indicate that Michigan-based IFS Securities broker Michael Hebner has been the subject of resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hebner (CRD# 1406979).

Michael Hebner has spent 31 years in the securities industry and has been registered with IFS Securities in Flint, Michigan since 2015. Previous registrations include Wunderlich Securities in Flint, Michigan; RBC Capital Markets in Flint, Michigan; Ferris Baker Watts in Flint, Michigan; Raymond James & Associates in Flint, Michigan; Roney & Company in Detroit, Michigan; First of Michigan Corporation in Detroit, Michigan; Thomson McKinnon Securities; and First of Michigan Securities. He is a registered broker with ten US states and territories: Arizona, California, Florida, Kansas, Massachusetts, Michigan, Ohio, Oregon, Texas and Washington.

According to his BrokerCheck report, he has received two customer complaints and one pending customer complaint, and was terminated from one former employer.

In January 2017 a customer alleged Michael Hebner, while employed at Wunderlich Securities and RBC Capital Markets, made unsuitable recommendations in equity listed products and oil and gas securities. The customer is seeking $429,000 in damages in the pending complaint.

In 2015 he was terminated from his position at Wunderlich Securities following allegations he failed to follow firm procedures regarding retention of correspondence.

In 2013 a customer alleged Michael Hebner, while employed at Wunderlich Securities, executed unsuitable trades and failed to diversify investments. The complaint settled for $40,000.

In 1992 a customer alleged Michael Hebner misrepresented material facts, made unsuitable recommendations, committed fraud, breached his fiduciary duty, breached contract, and used deceptive trade methods. The complaint settled for $12,000.

If you have complaints regarding Michael Hebner, 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.