DID RUSS KORY CAUSE YOU INVESTMENT LOSSES?

Russ Kory Formerly With David Lerner Associates, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Russ Kory formerly with David Lerner Associates, Inc.?

Russ Kory (CRD #5901185) who was formerly registered with David Lerner Associates, Inc. and located in White Plains, New York, is a subject of one of our many securities industry sales practice abuse investigations. Russ Kory has had his own regulatory problems. Last year, he consented to the sanctions and to the entry of findings that he recommended that customers invest in the firm’s proprietary limited partnerships formed to acquire and develop oil and gas properties without having a reasonable basis to believe those illiquid investments were suitable for the customers. He consented to his suspension for 3 months and disgorgement and a $5,000 fine.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Russ Kory Customer Complaints

Russ Kory has been the subject of 2 customer complaints that we know about to recover investment losses. One customer complaint was settled by David Lerner Associates in favor the investors. The other customer complaint is still pending against David Lerner Associates for Russ Kory’s alleged misconduct.

Allegations Against Russ Kory

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

• Unsuitable recommendation, misrepresentations, and omissions in breach of fiduciary duty related to private placement investments and REITs.
• Breach of fiduciary duty related to private placement investments.

Russ Kory Red Flags & Your Rights As An Investor

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

If you have questions about David Lerner Associates, Inc. and/or Russ Kory 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.

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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