Last Updated: February 2024 (Gilbert, Arizona)
Sean Fleming Investigation Summary
Here’s what you need to know about Gilbert, AZ, registered investment advisor Sean Fleming:
- Name: Mr. Sean Michael Fleming
- Current Employer: Fleming Financial Services
- Prior Employers: Lincoln Financial Advisors, SunAmerica Securities
- Function: Registered Investment Adviser/ Financial Advisor
- Aliases: Sean Fleming
- Primary Location: Gilbert, AZ
- CRD 6516544
- Sanctioned by Regulators: No
- Highest Settlement or Award: $483,333
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Sean Fleming As Your Registered Investment Adviser?
Sean Fleming discloses the settlement of four customer disputes on his CRD. Three of the disputes allege the unsuitable recommendation to invest in a private placement that failed and all were settled in 2022 for $200,000, $200,000 and $80,000, respectively.
The fourth customer dispute was resolved by a private arbitration that awarded $483,333 to the customer. The claim alleged that Sean Fleming and Nancy Fleming breached their fiduciary duty, were negligent and violated Arizona investment law when recommendations were made to invest in a private placement that failed and to invest in fixed annuities.
What is an Investment Adviser?
“An investment adviser is a
- firm or person
- that, for compensation, engages
- in the business of providing investment advice to others about the value of or about investing in securities – stocks, bonds, mutual funds, exchange traded funds (ETFs), and certain other investment products
and/or
- in issuing reports or analyses regarding securities, as part of a regular business.
Advisers typically provide ongoing advice about buying, selling and/or holding investments and will monitor the performance of your investments and their alignment with your overall investment objectives. The fee that you pay for this advice is typically based on the value of all of the assets held in your account with the adviser. You may pay other fees and costs related to servicing your account and the investments that you buy, sell or hold. Advisers also may give advice about market trends or asset allocation or offer financial planning services.”
Allegations of Broker Misconduct Against Sean Fleming
Customers of Sean Fleming have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Breach of Fiduciary Duty
- Violations of Arizona Securities Law
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by registered investment adviser Sean Fleming, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages .
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 registered investment advisers, 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.