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Robert Ostenberg Formerly With MSI Financial Services, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Robert Ostenberg formerly with MSI Financial Services, Inc.?

Robert Ostenberg (CRD #1046788) who was formerly registered with MSI Financial Services and located in San Jose, California is a subject of one of our many securities industry sales practice abuse investigations.

Robert Ostenberg Customer Complaints

Robert Ostenberg has been the subject of 2 customer complaints that we know about, and one of those complaints was filed in the last year to recover investment losses. Both of Robert Ostenberg’s customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Robert Ostenberg

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

  • Customer alleged the variable annuity he purchased was not suitable for his financial health. Customer also alleges Robert Ostenberg did not explain the contract and the withdrawal penalties.
  • The complainants’ alleged that Robert Ostenberg misrepresented three variable annuities they purchased. The complainants’ further allege that they were guaranteed their principal would always be safe, and passed on to their beneficiaries.

Robert Ostenberg Red Flags & Your Rights As An Investor

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

If you have questions about MSI Financial Services, Inc. and/or Robert Ostenberg 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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