fbpx

INVESTOR WARNING—Invest Financial Corp. Broker, Eric Stuckey, Who Is Now Employed By Ameriprise, Has 5 Customer Complaints Since 2008

The Wolper Law Firm is currently investigating claims against Eric Stuckey, a former Financial Advisor at Invest Financial Corp. in Suwanee, Georgia, and is now employed by Ameriprise Financial Services. Eric Stuckey has been in the securities industry since 1994 and previously worked at Royal Alliance Associates.

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on May 18, 2018, a customer filed a complaint against Eric Stuckey, alleging that he “recommended unsuitable investments, misrepresented features of the investments and failed to disclose risks in the investments.”  The alleged damages are $220,000 and the matter remains pending.

Since 2008, Eric Stuckey has been the subject of four additional customer complaints and has two reported tax liens, which may be an indication of financial irresponsibility.  The additional customer complaints include:

  • January 2018—“Client alleges subaccount assets were placed in high risk funds which are not suitable.” The matter was settled for $25,000.
  • June 2016—“Claimant alleges RR concentrated claimant’s portfolio in three energy sector investments.” The matter was settled for $14,750.

To review the entire disclosure history for Eric Stuckey, click https://brokercheck.finra.org/individual/summary/2445666#disclosuresSection.

Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives.  Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients.  To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

If you or someone you know was a customer of Eric Stuckey and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at mwolper@wolperlawfirm.com to discuss your specific situation and the legal options available.  The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.

Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities.  Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]