Investors may have suffered financial losses connected to securities broker Michael Arthur Sebald (also known as Mike Sebald) [CRD: 1426782, Oshkosh, Wisconsin], based on information reported in Financial Industry Regulatory Authority (FINRA) BrokerCheck. Records show that Sebald was associated with Landolt Securities Inc. from January 15, 2009, until August 18, 2023. The information below outlines disclosures that investors may want to review more closely.
Specifically, on October 17, 2025, a client of Landolt Securities Inc. initiated FINRA Arbitration No. 25-02272 involving Michael Sebald. According to the claim, the client asserted that Sebald was negligent and breached his fiduciary duty, while also alleging negligent supervision related to a 2020 GWG L Bonds investment. As a result of these alleged actions, the client claims to have suffered losses tied to corporate bonds. The client is seeking $43,000 in damages from Landolt Securities Inc. or Sebald. This matter remains unresolved and is currently pending.
Particularly, on August 18, 2023, Landolt Securities Inc. discharged Michael Sebald. The firm reported that the decision followed allegations that Sebald did not process client estate paperwork within required timeframes, failed to comply with the firm’s written supervision procedures, and violated FINRA Rule 2010.
Do you have concerns or questions regarding investments you made with Michael Sebald? You can contact Soreide Law Group at (888) 760-6552 or online to speak with a securities attorney about the possibility of recovering investment losses. Soreide Law Group represents investors nationwide, operates on a contingency fee basis, and advances all case-related costs. Sebald and the brokerage firms he worked for deny allegations of sales practice violations.
Summit Brokerage and Independent Financial Group each appear on a pending customer claim naming Gilbert Conrad (CRD 2746778). Both claims are unproven allegations. His BrokerCheck report also lists settled disputes at Arkadios Capital and Independent Financial Group.
On August 6, 2026, a customer filed a $400,000 FINRA arbitration naming Chad McQuade (CRD 5436281) and Northwestern Mutual. The claim involves outside, third-party real estate investments. It is pending, and McQuade disputes it in a written response.
Christopher Miller (CRD 4044818) has a customer dispute on BrokerCheck that settled on October 7, 2026 for $50,901. The disclosure lists Emerson Equity as the firm.
Phone:
Fax: 1-954-760-6553
Email: [email protected]