The securities lawyers of Gana LLP are investigating a customer complaint filed with Financial Industry Regulatory Authority (FINRA) against broker Ziv Ohel (Ohel). According to BrokerCheck records, Ohel has been subject to at least seven customer complaints, one regulatory action and one employment separation for cause among other claims. The customer complaints against Ohel allege securities law violations that include unsuitable investments, churning, and failure to follow instructions among other claims.
The most recent customer complaint was filed in November 2016 alleging damages stemming from unauthorized investments made in October 2016. The complaint settled for $20,000. The complaint was settled for $30,996.00.
In January 2017, the state of Michigan filed a claim alleging that Ohel engaged in dishonest or unethical practices within the last 10 years. In addition, Ohel was terminated from his position at Ameriprise Financial on October 25, 2016 for policy violations including receiving a loan from and being named in fiduciary capacities for a client of the firm.