Did you lose money investing with Osaic Institutions, Inc. broker Roderick Rodriguez (CRD# 2680445) regarding real estate security losses? He has been registered with Osaic Institutions, Inc. in Bronx, New York, since 2016. He was registered with Essex National Securities, LLC in Bronx, New York, from 2010 to 2016.
Roderick Rodriguez Customer Complaints
He has been the subject of six customer complaints between 2020 and 2025, three of which were denied, according to his CRD report:
July 2025. “Respondent, through its broker solicited the Claimant to invest in high risk Alternative Investments. These Alternative Investments were represented as safe, low risk investments that provided retirement income, the reality is that these investments were illiquid, speculative investments that were not suitable for the Claimant.” The customer is seeking $160,000 in damages, and the case is currently pending. The complaint was regarding real estate securities losses. The complaint took place while he was registered with Essex National Securities, LLC.
March 2023. “Allegations are overconcentration of client assets into a single illiquid investment.” The customer sought $50,000 in damages, and the case was settled for $14,999. The complaint was regarding real estate securities losses. The complaint took place while he was registered with Essex National Securities, LLC.
November 2020. “Client claims the rep made an unsuitable recommendation.” The customer sought $150,000 in damages, and the case was settled for $55,000. The complaint was regarding real estate securities losses. The complaint took place while he was registered with Essex National Securities, LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Osaic Institutions, Inc. may be liable for investment or other losses suffered by Roderick Rodriguez’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
"*" indicates required fields
