NFL Running Back Darren McFadden Sues Ameriprise For Fraud

Posted on June 13th, 2017 at 2:59 PM
NFL Running Back Darren McFadden Sues Ameriprise For Fraud

From the Desk of Jim Eccleston at Eccleston Law LLC:

Current Dallas Cowboy running back, Darren McFadden, who sued his former advisor, Michael E. Vick, last June for misappropriating $15 million, has decided to sue the advisor’s firm, Ameriprise Financial. 

In Mr. McFadden’s complaint, he alleges that Ameriprise was negligent in supervising Mr. Vick and failed to notify him of the advisor’s compliance issues. Moreover, according to Mr. McFadden, Ameriprise never informed him that it was investigating Mr. Vick in 2010 regarding suspicious and unauthorized trades in McFadden’s account. Ameriprise also failed to inform Mr. McFadden that Mr. Vick was suspended from the firm as a result of the investigation.

Ameriprise and Mr. Vick, who is not related to the NFL quarterback with the same name, have denied all wrongdoing.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial advisors including Broker Litigation & Arbitration, Strategic Consulting Services, Regulatory  Matters, Transition Contract Review, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: Jim Eccleston, Eccleston Law, Eccleston Law LLC, Eccleston, NFL

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