Erez Law is currently investigating Ameriprise Financial Services, Inc. broker Bradley Renberg (CRD# 2155253) regarding unsuitable investment recommendations. Renberg has been registered with Ameriprise Financial Services, Inc. in West Des Moines, Iowa since 2009.
Renberg has been the subject of four customer complaints between 2000 and 2019, according to his CRD report. The most recent complaint is regarding:
May 2019. “Claimants allege that they were recommended unsuitable investments and transactions including high-risk investments in the energy and retail sectors.” The customer is seeking $380,000 in damages and the case is currently pending. The complaint took place while Renberg was registered with Ameriprise Financial Services, Inc. and was regarding common and preferred stocks.
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, Ameriprise Financial Services, Inc. may be liable for investment or other losses suffered by Renberg’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.