Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Boehm (Boehm), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Boehm 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 $75,000.00 on January 31, 2023.
According to Lion Street Financial’s filing, Claimant is alleging misrepresentation and failure to supervise the suitability of GWG L-bonds. She purchased $50,000 from her ex-husband, a former registered representative of Lion Street Financial. GWG is currently under review from the SEC. Claimant is seeking $50,000 plus attorney’s fees in damages. Arbitration filed in August 2022. LSF filed to implead the advisor and is looking to settle this matter.