Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Mawby (Mawby), previously associated with International Assets Advisory, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mawby recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $545,000.00 on November 18, 2021.
Plaintiff alleges that money was withdrawn from the trust without consent of the trustees. Civil suit alleges breach of fiduciary duty, theft, fraud, receiving stolen property, and negligence. July 2020.