Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Ruth (Ruth), currently associated with Lenox Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Ruth recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $526,400.00 on November 04, 2020.
Customer alleges breach of fiduciary duty, unsuitable investments, negligence, breach of contract, and failure to disclose risk of securities during the period April, 2015 through July, 2020.