Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Malcolm Bourne (Bourne), previously associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Bourne recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,000,000.00 on May 18, 2026.
Claimants allege breach of fiduciary duty, negligence, false representations, violations of Florida Securities and Investor Protection Act, violations of Florida\\u2019s Elder Abuse Statute and FINRA Rule 2165, intentional infliction of emotional distress, and violation of Florida\\u2019s fraud and deceptive practices statute.