Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on December 1, 2016 indicate that Pennsylvania-based H. Beck broker/adviser Michael Sica has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Sica (CRD# 3153261).
Michael Sica has spent seventeen years in the securities industry and has been registered with H. Beck in Tafton, Pennsylvania since July 2015. Previous registrations include Lombard Securities in Tafton, Pennsylvania; H&R Block Financial Advisors in Radnor, Pennsylvania; and Merrill Lynch in New York, New York. He is a registered broker and investment adviser with four US states: New Jersey, Pennsylvania, South Carolina, and Washington.
According to his BrokerCheck report, Michael Sica has received two customer complaints and one closed customer complaint.
In 2007 a customer alleged Michael Sica, while employed at Merrill Lynch, recommended unsuitable equity purchases. The complaint settled for $7,500.
In 2006 a customer alleged Michael Sica, while employed at Merrill Lynch, breached his fiduciary duty, omitted material facts related to an investment, and breached contract. The complaint resulted in an award to the customer of $330,000.
In 2000 a customer alleged Michael Sica, while employed at Merrill Lynch, recommended two unsuitable stocks. The customer sought $15,900 in damages in the complaint, which was closed with no action taken.
If you have lost money investing with Michael Sica, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.