The Investor’s Watchdog

The Investor's Watchdog

Investigating Former Ameriprise Financial Services, Inc., Ameritas Investment Corporation and NDX Trading, Inc. stockbroker Douglas Frank Cmelik of Lincoln, Nebraska

Friday, April 11, 2014

The investor rights attorneys at Chapman Albin, LLC are currently investigating claims on behalf of investors who invested with former Ameriprise Financial Services, Inc., Ameritas Investment Corporation and NDX Trading, Inc. stockbroker Douglas Frank Cmelik (CRD#2850522) of Lincoln, Nebraska.  Doug Cmelik, who upon information and belief did business as Central Financial Services, was recently given a fine of $10,000 and a 60 day suspension from associating with any member of the Financial Industry Regulatory Authority (FINRA) for violating securities industry rules.  On April 7, 2014, Cmelik entered into a Letter of Acceptance, Waiver and Consent (No. 2011027047201) with FINRA whereby he was sanctioned as a result of FINRA’s allegation that he improperly marked order tickets for penny stock purchases as “unsolicited” when, in fact, the purchases were solicited.  The alleged conduct was said to have occurred while Cmelik was employed by Ameriprise Financial and affected 65 clients who placed 133 orders to purchase penny stocks.  FINRA alleged that Cmelik’s conduct violated NASD Conduct Rule 3110 and FINRA Rule 2010.

If you invested with Douglas Cmelik, Central Financial Services, Ameriprise Financial Services, Inc., Ameritas Investment Corporation, NDX Trading, Inc. or any other stockbroker or broker-dealer and experienced significant losses of your investment capital as a result of any activity you believe to be improper, you may be entitled to a recovery by filing claims in FINRA Arbitration against that broker or brokerage firm.  If you would like a free, no obligation, initial consultation regarding your potential claims against the financial professional or firm who caused you to suffer financial losses, please call our office today to speak with an investor rights attorney experienced in representing investors in FINRA arbitration proceedings.

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