Investment Losses in Mortgage Backed Securities Sold by Patty Dawson at Stifel Nicolaus

ANN ARBOR, MICHIGAN

Are you a former client of Patty Dawson, formerly with Stifel Nicolaus and Company in Ann Arbor, Michigan?  Patty Jane Dawson was a registered representative of Stifel Nicolaus from August 2005 to October 2023.  She is no longer licensed or employed by Stifel Nicolaus and has purportedly retired.  You may be able to recover investment losses through the securities and investment fraud law firm of Israels & Neuman.

The law firm of Israels & Neuman currently represents several former customers of Patty Dawson and Stifel Nicolaus.  We believe that her former clients have suffered losses in mortgage backed securities that were marketed as bonds or secondary treasury securities.  We also believe that Dawson recommended that investors purchase high concentrations of these products in their accounts.  Israels & Neuman believes that the mortgage-backed securities have led to losses and financial harm to Dawson’s former customers.

Pursuant to FINRA Rule 2111, financial advisors must make recommendations that are suitable for the investor considering their risk tolerance, investment objectives, age, and other factors.  Moreover, advisors must also follow Regulation Best Interest for any investment recommendations made after June 30, 2020.  Failures to abide by these rules could result in liability to brokerage firms and advisors.

Israels & Neuman law firm has an office in Ann Arbor, Michigan and we regularly represent Michigan investors who have suffered losses in unsuitable investments.  Attorney Aaron Israels grew up in western Michigan, later lived in Ann Arbor, and is a member of the Michigan Bar Association.

VIEW DAWSON’S BROKERCHECK REPORT HERE

If you lost money with Patty Dawson or Stifel Nicolaus & Company, please Contact Us at (734) 418-0422 or (720) 599-3505 for a Free Evaluation of your case. 

Email Attorney Aaron Israels directly at aaron@israelsneuman.com