A former Fidelity Investments financial advisor is suing the company for allegedly firing him for raising concerns that Fidelity was improperly pressuring advisors and branch managers to put clients into high-fee investments.
Michael Maeker’s branch manager “continuously pressured Maeker to push clients into unsuitable or ill-advised, high-fee generating financial investments that would make Fidelity more money—regardless of investors’ best interest,” the lawsuit states.
Maeker’s…
