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Michael Robert Greenfield with Newbridge Securities Corporation Has 8 Customer Complaints For Alleged Broker Misconduct

Who is Michael R. Greenfield with Newbridge Securities Corporation?

Michael Greenfield (CRD #5406611) who is currently registered with Newbridge Securities Corporation and located in Boca Raton, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Newbridge Securities Corporation, Michael Greenfield was associated with Oppenheimer & Co., Inc. and two other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Newbridge Securities Corporation Broker Misconduct

In his career, Michael Greenfield has been the subject of 8 customer complaints that we know about, 3 of those complaints were filed in the last year to recover investment losses. Six of Michael Greenfield’s 8 customer complaints were settled in favor of investors. There are currently 2 pending customer complaints filed against Michael Greenfield’s former employer Oppenheimer & Co. for investment losses caused by his alleged misconduct.

Allegations Against Michael Greenfield

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

  • Claimant alleged negligence, breach of contract, and breach of fiduciary duty relating to purchase of oil and gas master limited partnerships.
  • Claimants alleged unsuitability, breach of fiduciary duty, breach of contract, fraud, failure to supervise in connection with the offer and sale of Puerto Rico bonds.
  • Claimant alleged unsuitability misrepresentation respect to municipal and corporate bonds.
  • Claimant alleged that securities were misrepresented.
  • Client alleged that account executive recommended unsuitable investment in structured notes and closed-end funds.
  • Claimant alleged unsuitable recommendations with respect to the purchase of Puerto Rico bonds.

Michael Greenfield Red Flags & Your Rights As An Investor

Of course, Michael Greenfield 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 Michael Greenfield at Newbridge Securities Corporation and Oppenheimer & Co., Inc. on alert to review carefully the activity and performance of their accounts and question whether Michael Greenfield has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Newbridge Securities Corporation and Oppenheimer & Co., Inc. about Michael Greenfield also raises questions about their 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 Newbridge Securities Corporation and Oppenheimer & Co.

If you have questions about Newbridge Securities Corporation and Oppenheimer & Co., Inc. and/or Michael Greenfield 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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