DID JOEL NATHAN BURSTEIN JR CAUSE YOU INVESTMENT LOSSES?
Joel Burstein, Jr. Formerly With Raymond James & Associates, Inc. Has 8 Customer Complaints For Alleged Broker Misconduct
Who is Joel Burstein, Jr. formerly with Raymond James & Associates, Inc.?
Joel Burstein, Jr. (CRD #3257591) who was formerly registered with Raymond James & Associates, Inc. and located in Coral Gables, Florida, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Raymond James & Associates, Inc., Joel Burstein, Jr. was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Joel Burstein has had his own regulatory problems. In September 2018 he was permanently enjoined from any further violations of the securities act of 1933 and the Securities Exchange Act of 1934. Joel Burstein allegedly participated in the offer and sale securities in the form of limited partnership interests and were part of a scheme to misappropriate a misuse millions of dollars of investor funds. In addition to the injunction, he was permanently barred from any further association with any securities brokerage firm in the future.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Joel Burstein, Jr. Customer Complaints
Joel Burstein, Jr. has been the subject of 8 customer complaints that we know about to recover investment losses. It appears that the customer complaints arose out of the same facts and circumstances resulting in the injunction. Notwithstanding, Raymond James denied and/or the customers withdrew all 8 customer complaints for reasons that were not explained in the public records.
Allegations Against Joel Burstein, Jr.
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Fraudulent activity.
- Aiding and abetting breach of fiduciary duty, conspiracy to breach fiduciary duty, violation of the racketeer influenced and corrupt organizations act.
- Common-law fraud, negligence, and violation of Florida statute 726 (fraudulent transfers).
- Unsuitable recommendations in breach of fiduciary duty.
Joel Burstein, Jr. Red Flags & Your Rights As An Investor
Of course, Joel Burstein, Jr. 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 Joel Burstein, Jr. at Raymond James & Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Joel Burstein, Jr. has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Raymond James & Associates, 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?
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 Raymond James & Associates, Inc. Due To Joel Burstein, Jr.
If you have questions about Raymond James & Associates, Inc. and/or Joel Burstein, Jr. 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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