Securities Arbitration Lawyer Blog
In an arbitration award published by FINRA on August 5, 2021, San Francisco, CA financial advisor Amy Rogers Blodgett and brokerage firm Ameritas Advisory Services was ordered to pay over $20,000 in damages to customers that alleged “gross mismanagement of investments” in their joint account maintained at Ameritas Advisory Services.
Iorio Altamirano LLP, an investor advocate law firm, is investigating claims on behalf of customers of Amy Blodgett and Ameritas Advisory Services. Customers of Ms. Blodgett or Ameritas can contact Iorio Altamirano LLP for a free and confidential consultation and review of their legal rights.
Iorio Altamirano LLP represents investors nationwide that have disputes with their financial advisors or brokerage firms, such as Ameritas Advisory Services.
FINRA Dispute Resolution Services Award, Case Number: 21-00646
The Statement of Claim in the case resulting in the arbitration award was filed on or about March 11, 2021, and named Ameritas Advisory Services (“Ameritas”) and Ms. Blodgett as Respondents.
In the Statement of Claim, Claimants asserted several causes of action against Ameritas and Ms. Blodgett, including unsuitability, breach of fiduciary duty, negligence, negligent misrepresentation, breach of contract, and fraud and deceit based on concealment. The causes of action relate to Respondents’ alleged gross mismanagement of investments in Claimants’ joint account maintained at Ameritas.
The Claimants requested compensatory damages in the amount of $20,102.84, as well as other damages.
The Respondents responded by asking that the arbitrator dismiss the claims and recommend expungement of the customer complaint on Ms. Blodgett’s public disclosure report.
The arbitrator found Ameritas and Ms. Blodgett jointly and severally liable and ordered them to pay the Claimants the sum of $20,102.84 in compensatory damages, as well as $600 to cover the cost to the customers for filing the claim.
Additionally, the arbitrator also denied Ms. Blodgett’s request for expungement of this matter on her CRD records.
Amy Rogers Blodgett (CRD#: 2226903)
Ms. Blodgett has 29 years of experience in the securities industry and was most recently registered with the following firms in San Francisco, CA:
- Ameritas Investment Company, LLC from Junk 2006 to the present;
- Ameritas Advisory Services, from July 2018 to the present; and
- 20/20 Capital Management, Inc., from December 2015 to January 2019.
Ms. Blodgett has also been associated with the financial services firm Boom Planning.
How to Recover Losses or Obtain a Free Consultation
If you have lost money with San Francisco, CA financial advisor Amy Blodgett, contact New York securities arbitration law firm Iorio Altamirano LLP by completing a form on our website or by calling toll-free at (855) 430-4010 for a free and confidential consultation.
Iorio Altamirano LLP is a securities arbitration law firm based in New York, NY. We pursue FINRA arbitration claims nationwide on behalf of investors to recover financial losses arising out of wrongful conduct by financial advisors and brokerage firms.