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Timothy Atyeo Facing Unsuitability Complaint

Timothy AtyeoPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 16, 2016 indicate that Florida-based Oppenheimer & Company broker/adviser Timothy Atyeo has received settled or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Atyeo (CRD# 1544728).

Timothy Atyeo has spent 29 years in the securities industry and has been registered with Oppenheimer & Company in Fort Lauderdale, Florida since 2003. Previous registrations include CIBC World Markets in New York, New York; Painewebber Incorporated in Weehawken, New Jersey; Kidder Peabody & Company in New York, New York; Smith Barney in New York, New York; Bear Stearns & Company in New York, New York; JW Gant & Associates; Morgan Keegan & Company; and First Jersey Securities. He is a registered broker and investment adviser in 22 US states and territories.

According to his BrokerCheck report, Timothy Atyeo has received one customer complaint and one pending customer complaint.

In March 2016, a customer alleged that Timothy Atyeo, while employed at Oppenheimer & Company, “recommended unsuitable investments and inappropriately placed them on margin.” The customer is seeking $50,000 in damages in the pending complaint.

In 2010, a customer alleged that Timothy Atyeo, while employed at Oppenheimer & Company, misrepresented auction rate securities as cash equivalents. The complaint settled with Oppenheimer’s repurchase of the investor’s $50,000 in stock positions.

If you have complaints regarding Timothy Atyeo, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.

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