DID LAWRENCE MICHAEL MARGOLIN CAUSE YOU INVESTMENT LOSSES?
Lawrence Margolin Of Ameriprise Financial Services, LLC And Formerly With Oppenheimer & Co. Inc. Has 2 Customer Complaints For Alleged Broker Misconduct
Lawrence Margolin Customer Complaints
Lawrence Margolin has been the subject of 2 customer complaints that we know about to recover investment losses. One customer complaint was denied by Prudential Securities and the customer took no further action. However, there is one pending arbitration proceeding against Lawrence Margolin’s former employer Oppenheimer and Co., Inc. for his alleged misconduct in a FINRA arbitration proceeding.
Allegations Against Lawrence Margolin
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Fraud, breach of fiduciary duty, negligence, gross negligence, and breach of contract in connection with allegedly unsuitable investments and annuities and exchange traded funds.
- Failure to disclose material facts of an annuity exchanged or a customer.
Lawrence Margolin Red Flags & Your Rights As An Investor
Of course, Lawrence Margolin did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Lawrence Margolin at Ameriprise Financial Services, LLC and Oppenheimer & Co. Inc. on alert to review carefully the activity and performance of their accounts and question whether Lawrence Margolin has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ameriprise Financial Services, LLC and Oppenheimer & Co. Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Ameriprise Financial Services, LLC Due To Lawrence Margolin
If you have questions about Ameriprise Financial Services, LLC, Oppenheimer & Co. Inc. and/or Lawrence Margolin and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.