DID BENJAMIN MICHAEL DAVIS CAUSE YOU INVESTMENT LOSSES?
About Benjamin Davis of Oppenheimer & Co. Inc.?
Benjamin Davis (CRD #2084509) is currently employed and registered with Oppenheimer & Co. Inc. in New York, NY, having joined the firm on January 2, 2002. He is registered with nine Self-Regulatory Organizations and licensed in 25 U.S. states and territories. Davis has passed two general industry/product exams and three multi-state securities law exams. His professional career also includes previous registrations with notable firms such as Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Josephthal & Co., Inc. His extensive experience across multiple states and firms highlights a significant breadth of practice within the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Benjamin Davis Customer Complaints and Reviews
Benjamin M. Davis has been involved in the following disclosure events:
- Customer Dispute (Pending): Initiated on July 17, 2023, this complaint involves claims for breach of fiduciary duty, fraud, negligence, breach of contract, unsuitability, and churning related to margin use and account trading from 2016 to 2019. The damages are unspecified, and the case is currently pending with a FINRA arbitration hearing.
- Termination (Discharged): On July 24, 1996, Davis was discharged from Merrill Lynch after he reportedly allowed a client to open a new account under a fictitious name after their previous account had been closed.
Allegations Against Benjamin Davis
- Allegations in Customer Dispute: Claims against Davis include breach of fiduciary duty, fraud, negligence, breach of contract, unsuitability, and churning. These allegations pertain to his management of client accounts, particularly in relation to the use of margin and trading activities.
- Allegations Leading to Termination: The termination from Merrill Lynch involved allegations of inappropriate conduct by allowing a client to misuse the account opening process by using a fictitious name, which represents a serious breach of regulatory compliance and firm policies.
Benjamin Davis Red Flags & Your Rights As An Investor
Of course, Benjamin Davis 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 Benjamin Davis at Oppenheimer & Co. Inc. on alert to review carefully the activity and performance of their accounts and question whether Benjamin Davis has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Oppenheimer & Co. 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 Oppenheimer & Co. Inc. Due To Benjamin Davis
If you have questions about Oppenheimer & Co. Inc. and/or Benjamin Davis 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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