Victim of Financial Fraud? Call Now
Home » Broker Blog » Marc Miller Allegedly Made Misleading Investment Recommendation

Marc Miller Allegedly Made Misleading Investment Recommendation

Marc Miller (CRD #: 1133692), a broker registered with Wedbush Securities, allegedly recommended an unsuitable investment, according to his BrokerCheck record, accessed on May 7, 2025. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Dispute

On March 3, 2025, an investor alleged that Marc Miller made a misleading and unsuitable investment recommendation. The client seeks $50,000 in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to an investor’s profile. An investor’s profile includes their age, risk tolerance, tax status,  financial goals, and investing experience.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of material facts relating to investments. Material facts include an investment’s fees, expenses, risks, and features.

Background Information

Marc Miller has passed the following exams:

  • Municipal Securities Principal Examination – Series 53
  • General Securities Principal Examination – Series 24
  • Government Securities Representative Examination – Series 72
  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Investment Adviser Law Examination – Series 65
  • Uniform Securities Agent State Law Examination – Series 63

Marc Miller is a registered broker in six states and a registered investment adviser in California.

He has also worked for the following firms:

  • Western International Securities (CRD#:39262)
  • GBS Advisors (CRD#:16906)
  • GBS Financial Corporation (CRD#:16906)
  • The Heritage Group (CRD#:24906)
  • First Associated Securities Group (CRD#:20597)
  • Berman and Stickel (CRD#:21297)
  • Bear, Stearns & Company (CRD#:79)
  • Wulff, Hansen & Company (CRD#:908)
  • Municipal Bond Investors (CRD#:8156)
  • Birr, Wilson & Company (CRD#:93)
  • California Municipal Investors (CRD#:7311)

Kurta Law Can Help

If you worked with Marc Miller and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

Recent Results

$16.75M

Million

Recovery for ARC NYC REIT Investors
Learn More
Kurta Law recovered millions of dollars for investors who purchased the speculative and unsuitable ARC NYC REIT. The arbitration settled for substantially more than the investor losses.

Recent Results

$9.3M

Million

Investors Receive Award for More than their Losses
Learn More
Jonathan Kurta was able to recover over $9.3 million for a group of defrauded investors. The claims were based upon the brokerage firm’s failure to supervise a stockbroker who stole client funds and then prepared and disseminated fake account statements for decades.

Recent Results

$7.1M

Million

Elderly Victims Recover After a Decade of Fraud
Learn More
Jonathan Kurta represented a group of elderly women who were the victims of a financial crime perpetrated by a rogue broker. The broker utilized forged documents to steal funds from the clients’ accounts over a decade.

Recent Results

$4.2M

Million

Investor vs. Royal Alliance
Learn More
Jonathan Kurta represented an investor who alleged that Royal Alliance Associates had not fulfilled their supervisory duties. This allegedly allowed brokers to engage in conversion and RICO violations. Read a copy of the award here.

Recent Results

$1M

Million

Utah Firm Executed Unnecessary Transaction
Learn More
A FINRA panel sided with Kurta Law and found that a Utah brokerage firm executed unnecessary transactions in order to generate more commissions. Read a copy of the award here.

Recent Results

$2M

Million

Arizona Investors Options Trading Scam
Learn More
Kurta Law negotiated a $2 million settlement on behalf of Arizona investors who were defrauded in an options trading scam.

Categories