DID RANDY LEE BIRKINBINE CAUSE YOU INVESTMENT LOSSES?
Randy Birkinbine Of Ausdal Financial Partners Has 4 Customer Complaints For Alleged Broker Misconduct
Who is Randy Birkinbine of Ausdal Financial Partners?
Randy Birkinbine (CRD #2008599) who is currently registered with Ausdal Financial Partners and located in North Oaks, Minnesota is a subject of one of our many securities industry sales practice abuse investigations.
Randy Birkinbine Customer Complaints
Randy Birkinbine 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. Two of Randy Birkinbine’s 4 customer complaints were settled in favor of investors. One of Randy Birkinbine’s customers’ complaints was denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Ausdal Financial Partners for investment losses caused by Randy Birkinbine’s alleged misconduct.
Allegations Against Randy Birkinbine
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 Randy Birkinbine told her she would receive a 7% annum guaranteed appreciation of her investment which was untrue.
- Client alleged unsuitable investments and concentration in illiquid investments made by Randy Birkinbine.
- Client believes that recommended private placements allegedly made by Randy Birkinbine were not fully explained. Further, that he is now unable to access his investments and has learned he will receive back less than he invested.
- Clients purchased senior preferred notes in Quest Energy Management allegedly through Randy Birkinbine. The loans defaulted, as a result of being taken into a receivership.
Randy Birkinbine Red Flags & Your Rights As An Investor
Of course, Randy Birkinbine 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 Randy Birkinbine at Ausdal Financial Partners on alert to review carefully the activity and performance of their accounts and question whether Randy Birkinbine has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ausdal Financial Partners 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 Ausdal Financial Partners Due To Randy Birkinbine
If you have questions about Ausdal Financial Partners and/or Randy Birkinbine 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.