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Meyer Wilson Investigating Claims Against Broker David Colflesh

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The securities fraud attorneys at Meyer Wilson are currently investigating claims against broker David Colflesh (CRD# 1184117)

Missouri-based NYLife Securities broker David Colflesh has 13 pending customer complaints, according to records provided by the Financial Industry Regulatory Authority (FINRA). According to FINRA, the customers allege the risks of their mutual funds purchased in November and December of 2014 were not communicated to them. All 13 are looking to be reimbursed for damages.

The alleged damages range from $19,038 – $209,000, and total more than $1.2 million. Colflesh had one customer dispute in 2002 after he allegedly failed to adequately inform his customers of the surrender charge period associated with a variable annuity.

If you have lost money investing with David Colflesh, you may be entitled to recover lost funds. At Meyer Wilson, we help investors recover their losses caused by broker misconduct. We only charge a fee if we help you recover your losses. Contact us today for your free consultation.

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The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from public sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise.
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