Investors might have sustained losses due to securities broker Michael Anthony Tannery [CRD: 1538345, Richardson, Texas], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Tannery worked for Independent Financial Group LLC as a broker beginning May 31, 2013, and as an investment adviser beginning June 12, 2013. Investors should keep reading to learn more about disclosures involving Michael Tannery.
Independent Financial Group Investor Accused Tannery Of Misrepresentation
Notably, on January 3, 2025, an Independent Financial Group LLC client filed FINRA Arbitration No. 25-00011 about Michael Tannery. Mainly, the client alleged that Tannery made misrepresentations and omissions. Because of this, the client allegedly sustained damages associated with real estate investment trusts. Consequently, the client requested $150,000 in compensation from Independent Financial Group LLC or Tannery. It appears that this arbitration is pending a resolution.
Michael Tannery Disclosed Negligence, Unauthorized Trading, And Failure To Follow Instructions Allegations By LPL Financial LLC Client
Particularly, a client of LPL Financial LLC contested Tannery’s sales practices, according to a complaint dated October 10, 2012. Allegedly, Tannery was negligent, engaged in unauthorized trading, and failed to follow instructions. It appears that Tannery allegedly caused the client to incur damages connected to exchange traded funds. Therefore, the client sought compensation from LPL Financial LLC or Tannery in the amount of $5,089 in this matter. However, the firm denied this complaint.
PSI Investor Accused Tannery Of Mismanagement
Specifically, on May 22, 2002, a PSI client filed a complaint about Michael Tannery. Primarily, the client alleged that Tannery mismanaged investment accounts. For this reason, the client allegedly experienced damages relating to equities. As a result, the client requested $5,000 or more in compensation from PSI or Tannery. However, this complaint closed without a resolution.
Did You Invest With Financial Advisor / Securities Broker Michael Tannery?
Did you suffer any investment-related losses because of Michael Tannery? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Tannery and brokerage firms Tannery worked for deny accusations of sales practice violations.
