Garden City, New York financial advisor (CRD# 5225102) has received multiple investor complaints alleging that his investment recommendations led to...Read More
Nathan Cedarleaf: $1 Million Complaint Against Ex-Fidelity Advisor
Troy, Ohio financial advisor Nathan Cedarleaf (CRD# 4341451) recently received an investor complaint alleging his advice resulted in seven-figure losses. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Cetera Investment Services, having previously been registered with Fidelity Brokerage Services.
Mr. Cedarleaf’s BrokerCheck report discloses one investor complaint. Filed in August 2022, it alleges that as a representative of Fidelity Brokerage Services, he “made misrepresentations in connection with the recommendation of two stocks which led to losses.” The statement of claim does not specify what stocks it concerns. The pending complaint alleges damages of $1,000,000.
A second disclosure on Mr. Cedarleaf’s BrokerCheck report concerns his firing from his former member firm. According to the disclosure, Fidelity Brokerage Services terminated his registration in April 2022 in connection with allegations regarding his “conduct and judgment relating to transactions in his and family members’ accounts, including in one case, executing transactions using the family members’ credentials.”
According to the Financial Industry Regulatory Authority, Nathan Cedarleaf holds 19 years of securities industry experience. Based in Troy, Ohio, he has been a broker and an investment advisor with Cetera since May 2021. His past registrations include Fidelity Brokerage Services, Strategic Advisors, the Huntington Investment Company, Raymond James Financial Services, NatCity Investments, Investors Brokerage Services, and Aetna Investment Services. His credentials include the passage of six securities industry qualifying exams: the Investment Company Products/Variable Contracts Principal Examination, or Series 26; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in Georgia, Indiana, and Ohio. (Information current as of September 14, 2022.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.