Investors have reportedly disputed the sales practices of securities broker Michael J. Francisco [CRD: 5095879, Mount Laurel, New Jersey], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Francisco has worked for Raymond James Associates Inc. as a broker since January 27, 2017, and as an investment adviser representative since February 2, 2017. Investors should continue reviewing the information below to find out more about disclosures involving Francisco’s sales practices.
Particularly, on May 25, 2025, a Raymond James Associates Inc. client filed a complaint about Michael Francisco. Primarily, the client alleged that Francisco was negligent in connection with presenting an opportunity to invest in a private placement. For this reason, the client allegedly experienced damages related to private placements. Consequently, the client requested compensation from Raymond James Associates Inc. or Francisco. The complaint remains pending.
Notably, a client of Morgan Stanley Smith Barney contested Francisco’s sales practices by filing FINRA Arbitration No. 10-04251. Allegedly, Francisco failed to follow instructions in connection with the sale of stocks. It appears that Francisco allegedly caused the client to sustain damages related to stocks. Therefore, Morgan Stanley Smith Barney opted to settle the matter on April 25, 2011, by paying the client $16,000.
Did you suffer any investment-related losses because of Michael Francisco? If so, reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Francisco and brokerage firms Francisco worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
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