Mark Lott, a former investment adviser with Everspire, was permitted to resign from his position after allegations of misconduct. According to his BrokerCheck report, he was found by Everspire and MHL Investments to have engaged in “false and misleading conduct,” including making false statements and failing to provide accurate disclosures to customers.
At Meyer Wilson, we continue to investigate allegations of wrongdoing against financial advisors and investment advisers, including Mark Lott. Our dedicated legal team has recovered millions in losses related to investment misconduct. If you or a loved one has suffered losses after investing with Mark Lott or another adviser accused of unethical conduct, contact our office at (800) 738-1960 to schedule a free consultation.
Mark Lott (CRD#: 5015817) was recently permitted to resign from his position as an investment adviser with Everspire and registered broker with MHL Investments after allegations of misconduct. According to his BrokerCheck report, a firm investigation revealed that he had “engaged in false and misleading conduct.” He allegedly facilitated business and advice to clients by an “unregistered person (w/disciplinary history).”
He reportedly also made false and misleading statements in Everspire and MHL Investments records and failed to provide accurate disclosures to clients at both firms. The disclosure also notes that an internal investigation continues to determine whether he violated SEC rules or either firm’s policies and procedures. The resignation occurred on April 7, 2022.
Mark Lott is a currently registered broker and investment adviser with Ameriprise Financial Services, LLC. During his career, he has been employed with several firms, including Wells Fargo Clearing Services, E*Trade Securities, and Girard Securities.
If you suspect that your broker or investment adviser is engaging in fraud or misconduct, you need to contact an attorney. At Meyer Wilson, our investment fraud attorneys have helped over 1,000 investors recover losses nationwide. We can help determine whether you have a valid claim for damages and should pursue compensation through a lawsuit or FINRA arbitration.
Aggrieved investors may have a valid claim based on negligence, unauthorized trading, unsuitable recommendations, failure to supervise, or more. Contact our office now to learn more about your legal options.
Did you invest with Mark Lott and sustain financial losses? Contact our office for a free, no-obligation consultation. Get the experienced, focused representation you deserve. Call (800) 738-1960 to discuss your case directly with an attorney today. There are no fees unless we win; do not wait until it is too late.