Jeff Sonn Headshot

I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. I use this blog to bring attention to regulatory filings involving financial advisors, current events in securities and cases in the financial services industry, and to help investors understand their rights and options for financial recovery. Questions? Contact me online or call anytime at 844-689-5754

Michael James Petyak, Broker with Calton & Associates, Facing Customer Dispute Alleging Lack of Diversification

INVESTORS: Calton & Associates broker Michael James Petyak is facing a pending customer dispute alleging a lack of diversification.

Michael James Petyak (CRD#: 2976602) is registered as a broker and investment adviser with Calton & Associates, where he’s been employed since 2017. Previously, Petyak was registered as a broker and investment adviser with Cambridge Investment Research.

Petyak has one disclosure on his BrokerCheck report. 

April 2022 Customer Dispute

Status: Pending

Allegations: Statement of Claim alleges an investment recommendation was made for the purpose of generating high commissions and fees and that Claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio.

If you have any information about Michael James Petyak that you would like to share or discuss, please call our firm for a confidential consultation. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.

CONTACT US FOR A FREE CONSULTATION

Se Habla Español

Contact our office today to discuss your case. You can reach us by phone at 844-689-5754 or via e-mail. To send us an e-mail, simply complete and submit the online form below.