H&R Block Financial Advisors
Recover Investments Lost Due to Wrongdoing
As of 2008, H&R Block Financial Advisors operates as a subsidiary of
Ameriprise Financial Inc. The company was founded in 1971 and is based
in Detroit, Michigan. H&R Block Financial Advisors is a full-service
securities broker-dealer and provides financial services through financial
advisors throughout the U.S. The company offers investment management
and advice, financial planning, and related financial services, insurance
and securities products.
Instances of Fraud at H&R Block
Unfortunately, H&R Block advisors have deceived clients and acted unethically
in the past. Shortly before the collapse of Enron, H&R Block advisors
sold over $16 million in Enron bonds. They ensured investors that the
investment was a good choice despite having knowledge that Enron was about
to declare bankruptcy shortly. H&R Block has also enabled its brokers
to participate in underhanded investment practices in its history.
Because H&R Block is licensed by the Financial Industry Regulatory
Authority (FINRA), it is legally obligated to ensure that its brokers
are acting ethically according to the interest of their clients, in compliance
with securities industry rules. Negligent or unlawful action conducted
by investment brokers that cause damages to investors is the legal and
financial responsibility of H&R Block.
Think You Have a Claim? Contact Our Firm Today!
Investors have the right to trustworthy, ethical financial advisors. If
you were wronged by an investment broker’s wrongdoing, Meyer Wilson
lawyers have the experience to help you defend your rights and reclaim
your losses. Through arbitration with FINRA and the American Arbitration
Association (AAA), Meyer Wilson represents clients nationwide and internationally
against large investment firms like H&R Block. We’ve helped
nearly 800 clients recover hundreds of millions of dollars from investor
To determine whether you have a case against H&R Block Financial Advisors
for your losses, call us or complete our online form for a
free case evaluation.