DID B. David Goldstein CAUSE YOU INVESTMENT LOSSES?
B. David Goldstein Of Osaic Wealth, Inc. Has 9 Customer Complaints For Alleged Broker Misconduct
About B. David Goldstein of Osaic Wealth, Inc.?
David Goldstein (CRD #1718066) is a seasoned broker with extensive experience in the financial industry, currently registered with Osaic Wealth, Inc. as a registered broker since June 14, 2024, and WealthPlan Partners as an investment advisor since June 30, 2022. Over his career, Mr. Goldstein has passed 1 principal/supervisory exam, 2 general industry/product exams, and 1 multi-state securities law exam. He is licensed in 9 U.S. states and territories. His professional history includes previous registrations with Securities America, Inc., Western International Securities, Inc., and other firms, reflecting a broad and varied career in the financial sector.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
B. David Goldstein Customer Complaints and Reviews
- Customer Disputes: 9 Incidents
- Case 1 (June 26, 2023): A customer filed an arbitration claim alleging negligence and negligent misrepresentation related to corporate debt investments. The case was settled on April 8, 2024, for $26,000.
- Case 2 (April 10, 2023): Another customer alleged similar claims of negligence and misrepresentation regarding corporate debt investments. This case was settled on February 8, 2024, for $30,000.
- Case 3 (December 5, 2022): A customer alleged unsuitable recommendations and omissions of material fact regarding corporate debt. The dispute was settled on June 29, 2023, for $76,273.
- Case 4 (November 7, 2022): A similar claim of unsuitable recommendations and omissions of material fact was settled on September 27, 2023, for $41,337.92.
- Case 5 (October 11, 2022): Allegations of negligence concerning corporate debt resulted in a settlement of $40,000 on December 14, 2023.
- Case 6 (September 5, 2012): Customers alleged unsuitable investments in illiquid REIT and LP securities, leading to a settlement of $38,500 on October 8, 2013.
- Pending Customer Dispute:
- Case 1 (April 3, 2024): A pending arbitration involves allegations of misrepresentation regarding corporate debt, with alleged damages of $230,000. The case is ongoing.
- Withdrawn/Closed Disputes:
- Case 1 (May 17, 2024): A customer alleged unsuitable investment recommendations, but the case was withdrawn on May 31, 2024.
- Case 2 (November 28, 2022): A dispute involving allegations of misrepresentation and unsuitable recommendations was withdrawn on March 24, 2023.
Allegations Against B. David Goldstein
- Customer Dispute Allegations:
- Negligence and Misrepresentation: Multiple customers have alleged that Mr. Goldstein was negligent and misrepresented the nature and risks of corporate debt investments. These allegations led to several settlements.
- Unsuitable Recommendations: Some customers have accused Mr. Goldstein of making unsuitable investment recommendations, particularly concerning high-risk and illiquid products like REITs and LP securities.
- Omissions of Material Fact: Certain disputes also involve claims that Mr. Goldstein failed to disclose important information relevant to the investments, leading to financial losses for the customers.
B. David Goldstein Red Flags & Your Rights As An Investor
Of course, B. David Goldstein 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 B. David Goldstein at Osaic Wealth, Inc. on alert to review carefully the activity and performance of their accounts and question whether B. David Goldstein has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Osaic Wealth, 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.
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 Osaic Wealth, Inc. Due To B. David Goldstein
If you have questions about Osaic Wealth, Inc. and/or B. David Goldstein 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.
Rate this Post
Loading...