Last Updated: August 2023 (Georgetown, Texas)
Michael O’Meara Investigation Summary
Here’s what you need to know about Georgetown, Texas, stockbroker Michael O’Meara:
- Name: Mr. Michael Charles O’Meara
- Current Employer: LPL Financial LLC
- Previous Firms: McNally Financial Services, United Planners Financial Services of America, Genworth Financial Securities, Investors Capital Corp., Questar Capital Corporation, USAllianz Securities, Raymond James Financial Services, Merrill Lynch Pierce Fenner & Smith, USB Paine Webber, Banc One Securities Corp.,
- Function: Stock Broker/ Financial Advisor
- Aliases: Michael Charles OMeara, Mike OMeara
- Primary Location: Georgetown, Texas
- CRD 2652113
- Can Mike OMeara be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest settlement: $125,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Mike O’Meara As Your Stockbroker?
Mike O’Meara has 3 customer complaints for alleged broker misconduct.
In 3/2022 a customer of one of his former employers, McNally Financial Services Corp. filed a FINRA arbitration alleging that Mike O’Meara made misrepresentations and omissions regarding the investment in a real estate investment trust (REIT, follow link for information on alternative investments). The case settled for $50,000.
In 2/2014 a customer of his prior employer Investors Capital Corp was paid $125,000 to resolve allegations that Mike O’Meara made an unsuitable recommendation to invest in direct investments and limited partnerships.
In 4/2002 a customer of his prior employer, Banc One Securities Corp. was paid $65,000 to resolve allegations that Mike O’Meara failed to execute an order to sell.
Allegations of Broker Misconduct Against Michael OMeara
Customers of Mike OMeara have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Recommendations
- Failure To Execute
- Misrepresentations and Omissions
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
If you have suffered investment losses in an account handled by Michael Charles O’Meara, contact us for a complimentary consultation with an experience 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.
