Investors Accuse U.S. Bancorp Of Failure to Conduct Due Diligence
Jeff Anton Nizich a stockbroker associated with U.S. Bancorp Investments has been referenced in a customer initiated investment related complaint on September 12, 2019 in which the customer requested damages estimated to exceed $5,000.00 based upon allegations that due diligence was not adequately performed prior to mutual fund transactions being effected by the stockbroker during the time that he was associated with U.S. Bancorp.
Financial Industry Regulatory Authority (FINRA) Public Disclosure also reveals that on March 5, 2018, a customer initiated investment related complaint in reference to Nizich’s conduct was settled to resolve allegations that the customer sustained unwarranted losses because of the stockbroker’s defective investment advice at Edward Jones.
FINRA Public Disclosure also reveals that prior securities broker dealer employer Wells Fargo Advisors LLC had discharged Nizich based upon allegations that the stockbroker failed to abide by the securities broker dealer’s procedures and policies as it pertained to annuities. Nizich has been registered with U.S. Bancorp since Apr. 2, 2013.