Stoltmann Law Offices is investigating Michael Lavolpe, a former registered representative of Meyers Associates in New York, New York. The Financial Industry Regulatory Authority (FINRA) alleged that Mr. Lavolpe engaged in churning, breached fiduciary duty and made unsuitable investments recommendations. He also allegedly owed his former firm, Meyers Associates, over $37,000. These are all against securities rules and regulations. Churning, or excessive trading, is a particularly egregious act by a broker used to generate large commissions for himself. It is against securities rules and regulations and firms such as Meyers Associates, can be held liable for brokers who churn accounts. Please call Stoltmann Law Offices today to speak to an attorney about your options of bringing legal claims against Meyers Associates for Lavolpe losses. The call is free with no obligation. According to his online FINRA BrokerCheck report, Mr. Lavolpe was registered with Meyers Associates in New York, New York from March 2006 until July 2014. He has seven customer disputes against him, five of which are currently pending.
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