Steven Yellen Discharged From Ameriprise Financial Services Following Alleged Rule Violation

The law firm of Oakes & Fosher is presently investigating the alleged misconduct of former securities broker Steven Yellen. According to his publicly available FINRA BrokerCheck report, Steven Yellen has been the subject of a customer dispute and an employment termination.

Steven Yellen was Texas-based securities broker. He worked in the securities industry for thirty-three years. During his career, he was registered with just two different securities firms.

His Registrations

• Morgan Stanley (1984-2016)


• Ameriprise Financial Services (2016-2018)

• In June 2013, a customer alleged that Steven Yellen failed to follow instructions. This case was settled for $5,000 in damages.


• Steven Yellen was terminated from his position at Ameriprise Financial in January 2018. This followed allegations that he violated the firm's policy regarding outside business activities and options trading.

Many investors are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who have lost money in this fashion may actually be entitled to damages.

Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Steven Yellen, please contact Oakes & Fosher for a free and private consultation.