Investors Complain About Todd Ellis

Investors have come forward with complaints about securities broker Todd David Ellis (CRD: 2202633, New York, New York). Evidently, the securities broker, who worked for RBC Capital Markets LLC, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, RBC Capital Markets LLC clients allege that Ellis made unsuitable recommendations. For more on these disclosures about Ellis, see below.

RBC Capital Markets LLC Investor Accuses Ellis Of Unsuitable Recommendations

Supposedly, on March 7, 2022, an RBC Capital Markets LLC client filed a complaint about Todd Ellis. Namely, the client alleged that Ellis gave unsuitable advice. Because of this, the client allegedly sustained damages on structured notes. Therefore, the client requested compensation from RBC Capital Markets LLC or Ellis. However, the securities firm denied this complaint.

Citigroup Global Markets Inc. Investor Accuses Todd Ellis Of Misrepresentation

Supposedly, on September 10, 2008, a Citigroup Global Markets Inc. client filed a complaint about Todd Ellis. Namely, the client alleged that Ellis made misrepresentations. Because of this, the client allegedly sustained damages on stocks. Therefore, the client requested compensation from Citigroup Global Markets Inc. or Ellis. However, the securities firm denied this complaint.

Ellis Discloses Failure To Execute Allegations By Morgan Stanley DW Inc. Client

Also, a client of Morgan Stanley DW Inc. contested Todd Ellis’ sales practices by filing NASD Arbitration: 02-03986. Allegedly, Ellis failed to execute a limit order. It appears that Ellis caused the client to sustain damages. Therefore, NASD Arbitrators issued an Award dated March 24, 2003, compelling Morgan Stanley DW Inc. or Ellis to compensate the client in the amount of $39,600.

Ellis Employment Information

• Ellis has worked for RBC Capital Markets LLC in New York, New York, as a securities broker since October 9, 2020.
• Ellis has worked for RBC Capital Markets LLC in New York, New York, as a financial advisor since October 9, 2020.

Damages Resulting From RBC Capital Markets LLC Securities Broker Todd Ellis?

Did you sustain damages through Todd Ellis? If so, get in touch with Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your losses. Soreide Law Group, who has successfully recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Ellis and brokerage firms Ellis worked for deny accusations against them.