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Fidelity Hits Back at Fired Advisor's Reg BI Lawsuit
News July 08, 2024 at 03:13 PM
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What You Need To Know
- Former Fidelity advisor Michael Maeker sued the firm, saying it pressured him to push clients into unsuitable, higher-fee investments.
- Fidelity says it fired maker for misconduct.
- The whistleblower protections Maeker is claiming in the case don't apply, Fidelity says.
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