Investors might have sustained losses due to securities broker Michael Vernon Biggs (also known as Mike Biggs) [CRD: 1697481, Clarksville, Tennessee], based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Biggs worked for Equitable Advisors LLC since January 18, 2008. Investors are encouraged to continue reading to find out more about the disclosures involving this securities broker.
Notably, a client of Equitable Advisors LLC contested Biggs’ sales practices, according to a complaint dated November 11, 2025. Allegedly, Biggs made misrepresentations concerning variable universal life insurance policies. It appears that Biggs allegedly caused the client to sustain damages connected to those life insurance products. As a result, the client sought compensation from Equitable Advisors LLC or Biggs in this matter. However, the firm denied this complaint.
Specifically, a client filed a complaint about Michael Biggs. Primarily, the client alleged that Biggs made unsuitable recommendations. Because of this, the client allegedly incurred damages associated with mutual funds. Therefore, on October 5, 2021, Equitable Advisors settled this matter by paying the client $125,000 in damages.
Particularly, a client filed a complaint about Michael Biggs. Mainly, the client alleged that Biggs made misrepresentations by indicating that an annuity carried a guaranteed interest rate, which influenced the client’s decision to invest. For this reason, the investor allegedly sustained damages pertaining to variable annuities. Consequently, on December 5, 2008, Wachovia Securities LLC settled this matter by paying the client $75,000 in damages.
Do you have concerns or questions regarding investments you made with Michael Biggs? You should contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the US. Also, our securities attorneys work on a contingency fee arrangement and advance all costs. Biggs and brokerage firms Biggs worked for deny any allegations of sales practice violations.
Investors potentially experienced sales practice violations by securities broker Kerrie Lynn Best [CRD: 2834846, Spring Hill, Florida], based on public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kerrie Best worked for Raymond James Associates Inc. beginning August 9, 2006, as a securities broker and beginning August 10, 2006, as a financial advisor. Investors […]
Investors potentially incurred losses because of securities broker Cooper Morgan Carden [CRD: 6902893, Hoover, Alabama], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Cooper Carden worked for Northwestern Mutual Investment Services LLC from December 10, 2019, to March 17, 2026. See below to find out more about the securities broker’s disclosures. Northwestern Mutual […]
Investors might have sustained losses due to securities broker Michael Owen Barry [CRD: 2690041, New Orleans, Louisiana], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Barry has been registered with Stifel Nicolaus Company in New Orleans, Louisiana, since July 7, 2015, as both a broker and financial advisor. Investors are encouraged to […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com