Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Rosen (Rosen), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rosen 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 $150,000.00 on August 11, 2020.
Claimant alleges Respondent made unsuitable recommendations for Claimants’ overall investment strategy. The causes of action are: Negligence, Professional Negligence, Violations of Law, Unsuitable Recommendations, Negligent Supervisions, Breach of Contract, Breach of Fiduciary Duty and Breach of Securities Industry Rules and Regulations.