Securities Lawyers Blog
Previously financial advisor Gerald Brodsky (Brodsky), previously employed by brokerage firm Dinosaur Financial Group, L.l.c has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $800,000.00 on October 24, 2020.
From 8/2015 through 12/2015 claimant made investments in a private placement of Concord Group Holdings which claimant alleges was a Ponzi scheme.