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Michael Rosenmayer Of Oppenheimer & Co. Inc. Has 23 Customer Complaints For Alleged Broker Misconduct

Who is Michael Rosenmayer of Oppenheimer & Co. Inc.?

Michael Rosenmayer

Michael Rosenmayer (CRD #2352488) who is currently registered as a broker and investment adviser with Oppenheimer & Co. Inc. and located in Los Angeles, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Oppenheimer & Co. Inc., Michael Rosenmayer was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

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Michael Rosenmayer Customer Complaints

Michael Rosenmayer has been the subject of 23 customer complaints that we know about to recover investment losses. One customer complaint proceeded to arbitration and resulted in an arbitration award against RBC Capital Markets Corporation and Oppenheimer and Co., Inc. in favor the investor. 10 more customer complaints were settled by the advisor’s current and former employers in favor of the investors. Another 10 customer complaints were denied by Michael Rosenmayer’s current and former employers and the investors took no further action. There are currently 2 customer complaints pending in FINRA arbitration proceedings filed against Oppenheimer and & Co., Inc. for its advisor’s alleged misconduct.

Allegations Against Michael Rosenmayer

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

  • Violations of California securities statutes and FINRA rules and regulations.
  • Unsuitable investment recommendations related to Capital Trust Agency Florida Senior Living Bonds.
  • Unsuitable recommendations of high yield Bonds.
  • Failure to disclose risks of note investments.
  • Misrepresentation about the quality of bonds offered and sold to clients.
  • Misrepresentations and omissions related to auction rate securities.
  • Unsuitable investment recommendations and negligence.

Michael Rosenmayer Red Flags & Your Rights As An Investor

Of course, Michael Rosenmayer 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 Rosenmayer at Oppenheimer & Co. Inc. on alert to review carefully the activity and performance of their accounts and question whether Michael Rosenmayer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Oppenheimer & Co. 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 Oppenheimer & Co. Inc. Due To Michael Rosenmayer

If you have questions about Oppenheimer & Co. Inc. and/or Michael Rosenmayer 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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