| Read Time: 2 minutes |

DID RAFAEL SCOTT KLEIN CAUSE YOU INVESTMENT LOSSES?

Rafael Klein Of David Lerner Associates And Spirit Of America Management Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Rafael Klein of David Lerner Associates?

Rafael Klein (CRD #2865823) who is currently registered with David Lerner Associates, Spirit Of America Management and located in Westport, Connecticut is a subject of one of our many securities industry sales practice abuse investigations.

Rafael Klein Customer Complaints

Rafael Klein has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Rafael Klein’s customer complaints was settled in favor of investors. One of Rafael Klein’s customer complaints was denied and, to date, the customer has not taken any further action. There are currently two pending customer complaints filed against David Lerner Associates for investment losses caused by Rafael Klein’s alleged misconduct.

Allegations Against Rafael Klein

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

  • Client alleged unsuitability by Rafael Klein.
  • Misrepresentations allegedly by Rafael Klein.
  • Rafael Klein’s alleged misrepresentation and omission, breach of fiduciary duty, failure to supervise, fraud, unauthorized trading.

Rafael Klein Red Flags & Your Rights As An Investor

Of course, Rafael Klein 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 Rafael Klein at David Lerner Associates and Spirit Of America Management on alert to review carefully the activity and performance of their accounts and question whether Rafael Klein has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at David Lerner Associates and Spirit Of America Management 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 David Lerner Associates Due To Rafael Klein

If you have questions about David Lerner Associates, Spirit Of America Management, and/or Rafael Klein 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.

Author Photo

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 $140 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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars
Loading...