Last Updated: February 2025, Alpharetta, GA
Michael R. Hyser Investigation Summary
Here’s what you need to know about Alpharetta, GA stockbroker Michael R. Hyser:
- Name: Mr. Michael Richard Hyser
- Current Employer: LPL Financial LLC
- Prior Employers: Kestra Investment Services, LLC, Kestra Advisory Services, LLC, NFP Advisor Services, LLC, ING Financial Partners, Inc., Pruco Securities, LLC
- Function: Stockbroker / Financial Advisor
- DBA: John’s Creek Financial
- Aliases: Michael Hyser
- Primary Location: Alpharetta, GA
- CRD#: 2322261
- Can Michael Hyser be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? Yes
- Highest Award or Settlement: $170,000
If you’ve sustained damages from Mr. Hyser, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation
Did You Lose Money With Michael Hyser As Your Stockbroker?
A customer of Kestra Investment Services, LLC was paid $170,000 in July 2024 to resolve allegations that Michael Hyser recommended unsuitable investments in Direct Participation Programs (DPP) & Limited Partnership (LP) interests.
The FINRA arbitration case number 23-01140 was filed in April 2023, alleging that Hyser advised the customer to invest in Atlas Growth Partners, an oil and gas drilling operation. The customer alleged that the investment was unsuitable for their financial situation and that Hyser failed to adequately explain the risks associated with it.
See this for more information on REITs and Other Alternative Investments
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against Michael Hyser
Regulators and clients have alleged the following misconduct against Michael Hyser:
- Unsuitable Investment Recommendations: The settled customer dispute involved allegations that Hyser recommended high-risk oil & gas investments that were inappropriate for the investor. (Violates FINRA Rule 2111 – Suitability Standard).
- Failure to Disclose Criminal History: Hyser was sanctioned by the State of Alabama Department of Insurance in 2003 for failing to disclose a 1990 misdemeanor (minor in possession of alcohol). He was fined $250.
- Failure to Report Regulatory Action: In 2003, the Georgia Commissioner of Insurance fined Hyser $500 for failing to disclose the Alabama sanction when renewing his Georgia insurance license. (Violates FINRA Rule 1122 – Filing of Misleading Information).
The Financial Industry Regulatory Authority (FINRA) mandates that brokers disclose customer complaints, regulatory sanctions, and employment terminations to ensure transparency for investors.
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Michael R. Hyser, 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.