Investors apparently complained about securities broker Michael Edward Orlowski [CRD: 4922316, Syosset, New York], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Orlowski has been registered with Commerce One Financial Inc. since March 4, 2005. Investors should continue reading to discover more about disclosures involving this securities broker.
Commerce One Financial Investor Accused Orlowski Of Mismanagement
Notably, a Commerce One Financial Inc. client filed FINRA Arbitration No. 23-03232 about Michael Orlowski. Primarily, the client alleged that Orlowski mismanaged the investment account. Because of this, the client allegedly incurred damages connected to stocks. Therefore, on March 20, 2024, Commerce One Financial Inc. settled this matter by paying the client $14,999.99 in damages.
Michael Orlowski Disclosed Failure To Execute Allegations By Commerce One Financial Inc. Client
Specifically, a client of Commerce One Financial Inc. disputed Orlowski’s sales practices, according to a complaint. Allegedly, Orlowski failed to execute a stop loss order, as the client claimed he could not reach the broker before an earnings announcement. It appears that Orlowski allegedly caused the client to suffer damages associated with stocks. Consequently, Commerce One Financial Inc. opted to settle the matter on January 14, 2008, by compensating the client in the amount of $38,000.
Do you have concerns or questions regarding investments you made with Michael Orlowski? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Orlowski and brokerage firms Orlowski worked for deny any accusations of sales practice violations.