Michael Brinton Involved In Apollon Wealth Management Clients’ Mismanagement Complaints

Investors may have incurred losses because of securities broker Michael Walden Brinton (also known as Mike Brinton) [CRD: 1565431, Brentwood, Tennessee], according to public information reported on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Brinton worked for Zermatt Securities Inc. from November 14, 2019 to November 10, 2020, and Cary Street Partners from February 12, 2016 to August 22, 2019. Read below to understand more about Michael Brinton’s disclosures and what investors have alleged.

Apollon Wealth Management Client Accused Mike Brinton Of Breach Of Fiduciary Duty

Evidently, on July 3, 2024, an Apollon Wealth Management client filed FINRA Arbitration No. 01-24-0006-3135 about Michael Brinton. Supposedly, Brinton breached his fiduciary duty relating to asset management. For this reason, the client allegedly sustained damages connected to stocks. Consequently, the client requested $1,200,000.00 in compensation from Apollon Wealth Management or Brinton. It appears that this arbitration is ongoing.

Michael Brinton Disclosed Mismanagement Allegations By Apollon Wealth Management Client

Additionally, a client of Apollon Wealth Management contested Michael Brinton’s sales practices, based on a complaint dated October 7, 2022. Allegedly, Brinton mismanaged the client’s account, resulting in damages on stocks. Therefore, the client sought compensation from Apollon Wealth Management or Brinton in the amount of $700,000.00 in this matter.

Regulator Sanctioned Mike Brinton For Outside Business Activities And Misstatements

New York Stock Exchange Division of Enforcement fined and censured Michael Brinton for regulatory violations, according to issued Decision No. 07-60. The Division of Enforcement alleged that Brinton violated NYSE Rule 346(b) by engaging in an undisclosed outside business activity. Additionally, Brinton violated NYSE Rule 476(a)(6) through his involvement in UBS client’s purchases of investments outside the firm. Supposedly, Brinton also misrepresented information to his employer about his business activities.

Michael Brinton Disclosed Unauthorized Trading Allegations By Client

Michael Brinton disclosed allegations by a client. Evidently, a client disputed Brinton’s sales practices in AAA Arbitration No. 39-136-0090-89. Mainly, the investor alleged that Brinton engaged in unauthorized trading and failed to execute transactions. It appears that Brinton caused the client to sustain damages relating to stocks. Consequently, AAA Arbitrators issued an Award dated May 23, 1991, compelling Brinton to compensate the client in the amount of $66,936.35.

Have You Made Investments Through Securities Broker / Financial Advisor Brinton?

Did you suffer losses because of Michael Brinton? You should reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney concerning a potential recovery. Soreide Law Group is experienced at recovering losses for investors throughout the country. Also, the firm takes cases on a contingency fee arrangement and advances the costs. Brinton and brokerage firms Brinton worked for deny accusations of sales practice violations.