DID MARTIN LERNER CAUSE YOU INVESTMENT LOSSES?
Martin Lerner Of David Lerner Associates, Inc. Has 7 Customer Complaints For Alleged Broker Misconduct
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.
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.