Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Louderbaugh (Louderbaugh), currently associated with Oppenheimer & CO. INC., has at least one disclosable event. These events include one customer complaint, alleging that Louderbaugh recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on March 25, 2020.
Cause of action is breach of fiduciary duties, related to an allegation that the Registered Representative failed to ascertain the scope of authority granted by Claimant in a Power of Attorney to a third-party, in connection with Claimant’s account. Time Period – 12/1/2016 to 7/1/2019