Last Updated: March 2025 – St. Pete Beach, FL
Nick Biddle Investigation Summary
Here’s what you need to know about St. Pete Beach, FL, stockbroker Nicholas Biddle:
- Name: Mr. Nicholas R. Biddle
- Current Employer: Osaic Wealth, Inc.
- Prior Employers: FSC Securities Corporation, National Planning Corporation, Advantage Investment Management, Franklin/Templeton Distributors, Colonial Brokerage Inc., AmSouth Investment Services
- Function: Stock Broker / Financial Advisor
- DBA: Sundial Financial Group, Nick Biddle tax preparer
- Primary Location: St. Pete Beach, FL
- CRD#: 4649317
- Can Nicholas Biddle be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Pending Customer Dispute Seeks Damages of: $100,000
If you’ve sustained damages from Mr. Biddle, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Nicholas Biddle As Your Stockbroker?
A customer of prior employers National Planning and FSC Securities has filed an arbitration with FINRA alleging that Biddle made unsuitable investment recommendations which resulted in losses. The customer is seeking damages of $100,000.
The disputed investments involve OTC (Over-the-Counter) Equity Securities and Real Estate Security transactions.
FINRA Rule 2111- suitability -Regulation Best Interest
Allegations of Broker Misconduct Against Nicholas Biddle
Customers of Nicholas Biddle have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations: Customers allege that Mr. Biddle made investment recommendations that were not appropriate for their risk tolerance and financial objectives, leading to financial losses. Under FINRA Rule 2111, brokers are required to ensure that investment strategies are suitable for their customers based on their investment profile.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition, brokers are required to disclose certain financial matters such as personal bankruptcies, judgments, and liens.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Osaic Wealth brokers
If you have suffered investment losses in an account handled by Nicholas Biddle, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.