Sterne, Agee & Leach | DKR | Improper Conduct

Sterne, Agee & Leach, Inc.

Sterne, Agee & Leach, Inc.

The Trust Company of Sterne Agee, Inc., Sterne Agee Asset Management, Inc., Sterne Agee Financial Services, Inc.

The Sterne Agee family of companies is headquartered in Birmingham, Alabama and includes (1) a full-service brokerage firm providing investment services to individuals, corporations, municipalities; (2) an investment management, estate planning, trust, and retirement plan services subsidiary; (3) professional fee-based discretionary asset management services; and (4) a broker-dealer that serves independent brokers. The company’s history dates back to 1901. Sterne Agee professes to place its clients’ interests ahead of Sterne Agee’s interests.

Sterne Agee Financial Services, Inc. Ordered to Pay Customer $175,000

An NASD arbitration panel ordered Sterne Agee Financial Services, Inc. to pay an investor $175,000 to compensate him for damages that he suffered as a result of Sterne Agee’s and its broker’s improper conduct. The investor accused Sterne Agee and its broker of, among other things, unsuitability; omissions; negligence; gross negligence; respondeat superior; control person liability; negligent supervision; breach of fiduciary duty pursuant to Florida Statutes; and, fraud. The causes of action relate to the purchase of shares of Madison Hedge Group, LLC

If you suffered investment losses, please contact us or communicate with a Dimond Kaplan & Rothstein, P.A. attorney at 888-578-6255 or for a free case evaluation.

EN   ES   PT     

Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

Los Angeles Office
Available by Appointment
2029 Century Park East
Century Plaza Tower
Suite 400N
Los Angeles, CA 90067
Telephone: 424.544.7930

New York City Office
Available by Appointment
14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

West Palm Beach Office
Northbridge Centre
515 N. Flagler Drive, Suite P-300
West Palm Beach, FL 33401
Telephone: 561.475.2887

Detroit Office
41000 Woodward Avenue,
Suite 350 East
Bloomfield Hills, Mi 48304
Telephone: 248.368.0182