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Martin Lerner Of David Lerner Associates, Inc. Has 7 Customer Complaints For Alleged Broker Misconduct

Who is Martin Lerner of David Lerner Associates, Inc.?

Martin Lerner

Martin Lerner (CRD #871038) who is currently registered as a broker with David Lerner Associates, Inc. and located in Boca Raton, Florida, is a subject of one of our many securities industry sales practice abuse investigations. Prior to David Lerner Associates, Inc., Martin Lerner was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Martin Lerner Customer Complaints

Martin Lerner has been the subject of 7 customer complaints that we know about to recover investment losses. One arbitration proceeding resulted in an arbitration award in favor of the investor and against his employer David Lerner Associates, of which he was a principal. Five customer complaints resettled by David Lerner Associates, Inc. in favor of the investors. One FINRA arbitration proceeding remains pending.

Allegations Against Martin Lerner

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Unsuitability, misrepresentations and omissions in connection with SOAEX and Energy 12.
  • Customer alleged fraud, forgery, misrepresentation, breach of contract, and violations of New York State and NASD regulations related to the replacement of an insurance policy.
  • Unsuitability, misrepresentation and omissions in connection with mutual fund investments in a private placement known as Energy 11.

Martin Lerner Red Flags & Your Rights As An Investor

Of course, Martin Lerner 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 Martin Lerner at David Lerner Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Martin Lerner has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at David Lerner Associates, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

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If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At David Lerner Associates, Inc. Due To Martin Lerner

If you have questions about Investors David Lerner Associates, Inc. and/or Martin Lerner 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.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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