Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Chernoff (Chernoff), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Chernoff 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 $90,000.00 on September 22, 2022.
Claimants allege conversion and negligence with regard to the transfer and release of assets in a family trust account after the death of trustees.