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Former Ameriprise Financial Services Broker Mike Hanke Consents to FINRA Fine and Suspension

Mike Hanke (Michael D. Hanke) has consented to a sanction from FINRA (the Financial Industry Regulatory Authority). FINRA is a non-governmental regulator of securities firms that focuses on investor protection and market integrity through effective and efficient regulation of the securities industry. The attorneys of Fishman Haygood Investment Fraud Lawyers are currently investigating possible claims against stockbroker Mike Hanke.

In March 2018 Mike Hanke was fined $10,000 and suspended for 1 month from practicing as a broker. Mike Hanke worked for Ameriprise Financial Services in Lutz, Florida from December 1998 to September 2015.

Mike Hanke was previously associated with Securities America.

FINRA alleges that Mike Hanke engaged in the following misconduct: engaged in trading in customer accounts without prior written authorization and falsely marking trade tickets as “unsolicited,” when the trades had in fact been solicited.

Prior customer complaints involved allegations that Mike Hanke recommended unsuitable investments in natural resource funds and REITs, as well as engaged in unauthorized trading and churning. Hanke was previously fined and suspended by FINRA in December 2010. In May 2010, a customer obtained an arbitration award against Hanke and Ameriprise Financial Services for 100% of the amount requested.

Mike Hanke has been the subject of at least 4 customer disputes.

If you invested money through Mike Hanke, we would like to talk to you. Fishman Haygood Investment Fraud Lawyers are experienced securities litigators. We have helped hundreds of clients recover their losses that were due to broker fraud or negligence. Contact us today to discuss your options and receive a free consultation.

Fishman Haygood Investment Fraud Lawyers represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.

Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood Investment Fraud lawyer today.

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