Commonwealth of Virginia Investigates Michael Thaler

Soreide Law Group is investigating possible investor claims against Michael James Thaler (CRD: 2557899, Henrico, Virginia). Evidently, Commonwealth of Virginia is investigating the securities broker, who worked for Cambridge Investment Research Inc. Supposedly, Thaler possibly was the subject of a client complaint. Here is a brief summary of Commonwealth of Virginia’s allegations against Thaler.

Commonwealth of Virginia Investigates Cambridge Investment Research Inc. Securities Broker For Client Complaint

Evidently, on November 17, 2022, Commonwealth of Virginia initiated an investigation into Michael Thaler. Evidently, Commonwealth of Virginia’s investigation concerns whether Thaler was the subject of a client complaint.

Cambridge Investment Research Inc. Investor Accused Michael Thaler Of Poor Performance

Also, on November 7, 2022, a Cambridge Investment Research Inc. client filed a complaint about Michael Thaler. Namely, the client alleged that Thaler recommended investments which poorly performed. Because of this, the client allegedly sustained damages on BDC (business development company) products. Therefore, the client requested compensation from Cambridge Investment Research Inc. or Thaler. However, the securities firm denied this complaint.

Thaler Disclosed Unsuitable Advice Allegations By Cambridge Investment Research Inc. Client

Specifically, a client of Cambridge Investment Research Inc. contested Michael Thaler’s sales practices, according to a complaint dated September 29, 2022. Allegedly, Thaler made unsuitable recommendations. Supposedly, Thaler caused the client to sustain damages on BDC (business development company) products and oil and gas investments. Therefore, the client sought compensatory relief from Cambridge Investment Research Inc. or Thaler in this matter. However, the securities firm denied this complaint.

Employment Information

Thaler joined Cambridge Investment Research Inc. as a securities broker in November 2011. Also, he has worked for Cambridge Investment Research Advisors Inc. as a financial advisor since November 2011.

Damages Resulting From Cambridge Investment Research Inc. Securities Broker Michael Thaler?

Sustained damages by investing with Michael Thaler? If so, get in touch with Soreide Law Group at (888) 760-6552 and talk with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group, who has helped recover money for hundreds of investors across the United States, represents clients on a contingency fee basis and advances all costs. Thaler and brokerage firms Thaler worked for deny any and all allegations of sales practice violations.