RedFlags, Allegations and Complaints against Todd Anthony Baker
Disclosure #1 for Todd Baker
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- eventDate: 4/4/2003
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Settled
- Disclosure Detail :: Allegations: CLAIMANT ALLEGES THAT IN EARLY 2000, SHE WAS A DIVORCEE AND WAS RECENTLY LAID OFF HER JOB WHEN SHE STARTED INVESTING WITH AEFA. CLAIMANT CLAIMS THAT AEFA AND I IGNORED HER STATED LOW TOLERANCE FOR RISK AND INVESTED ALL OF HER MONEY IN RISKLY COMMON STOCK AND JUNK BOND FUNDS. AS A RESULT, SHE ALLEGEDLY LOST 60% OF HER NEST EGG OVER THE NEXT TWO YEARS. CLAIMANT REQUESTS $145000.00 IN DAMAGES PLUS PUNITIVE DAMAGES.
- Damage Amount Requested: $145,000.00
- Settlement Amount: $60,000.00
- DisplayAAOLinkIfExists: Y
- arbitrationClaimFiledDetail: 03-012161
- Arbitration Docket Number:
- Broker Comment: AEFA SETTLED THIS MATTER FOR $60000.00 IN ORDER TO AVOID THE COSTS ASSOCIATED WITH ARBITRATION. I WAS DISMISSED FROM THE CASE AS PART OF THE SETTLEMENT AND I CONTRIBUTED NOTHING TO THE SETTLEMENT AMOUNT.
Should I file a FINRA complaint against brokers like Todd Anthony Baker?
Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.
Update – 2022.11.15If you have suffered investment losses that may have been caused by Todd Anthony Baker’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!
Frequently Asked Questions About Todd Anthony Baker
What is Todd Baker’s Central Registration Depository (CRD) Number?
Which firm is Todd Anthony Baker associated with?
RIVERSOURCE DISTRIBUTORS, INC.
Where is Todd Baker located?
5605 52nd Ave W, Brandenton, FL, 34210
Where can I find more details about Todd Baker’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/139135 to read a detailed report for RIVERSOURCE DISTRIBUTORS, INC.
Are there any disclosures, allegations or complaints filed against Todd Anthony Baker?
Where can I download a detailed FINRA report for Todd Baker?
Is it safe to do business with Todd Anthony Baker?
We’re not sure. Please research Todd Baker’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:44 am
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