Securities Lawyers Blog
The law offices of Gana Weinstein LLP are currently investigating claims that Broker Bobb Meckenstock (Meckenstock) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Meckenstock was employed by Osaic Wealth, INC. at the time of the activity. If you have been a victim of Meckenstock’s alleged misconduct our firm may be able to assist you in recovering funds.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $154,000.00 on June 21, 2024.
Per the Independent Financial Group, LLC filing, allege that representative, for whom Mr. Meckenstock was the supervisor/OSJ, encouraged the investment in a private securities transaction that turned out to be fraudulent/a ponzi scheme. Clients’ initial investment was in December 2015 in the amount of $25,000. Thereafter, they made two other investments–one in June 2016 for $20,000 and one in November 2021 for $25,000.