Corey Lee Mireau was a Minnesota based securities broker. He worked in the securities industry for nineteen years. During his career, he was registered with just two different securities firms. They were IDS Life Insurance Company (1998-2008) and Ameriprise Financial Services (1998-2017). He is no longer working as a registered securities broker in any fashion.
Corey Lee Mireau’s publicly available FINRA BrokerCheck report shows that he received a complaint in November 2017 from a customer alleging that a private e-cigarette company known as Vapor Distribution Inc., that the customer invested in on Mireau’s recommendation, was highly unsuitable given their risk tolerance and investment objectives. The customer allegedly lost $215,000 of his principal $250,000 investment. This case was settled for $80,000 in damages.
In April 2019, Corey Lee Mireau was officially sanctioned by FINRA. The findings in this matter state that he borrowed $150,000 from a customer to invest in the same e-cigarette business that was mentioned above. This alleged action violated his member firm’s policies regarding soliciting loans from customers, and engaging in undisclosed private securities transactions. Due to these alleged actions, he was fined $15,000, forced to pay $154,458 in restitution, and suspended from acting as a securities broker in any fashion for two years.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Corey Lee Mireau, please contact Oakes & Fosher for a free and private consultation.