Were you the victim of former H. Beck, Inc. broker Eric Felsenfeld (CRD# 4496689)? Felsenfeld has been registered with Kingswood Capital Partners, LLC in Rockville, Maryland since 2017. Previously, Felsenfeld was registered with Niagara International Capital Limited in New York, New York from 2017 to 2018. Prior to that, Felsenfeld was registered with H. Beck, Inc. in Bethesda, Maryland from 2009 to 2017.
Felsenfeld has been the subject of two customer complaints between 2020 and 2021, one of which was denied, according to his CRD report:
February 2021. “Clients allege that FP misrepresented risks associated with BDCs and REITs and that the investments were unsuitable. Date of alleged activity is 11/12/15 to 5/26/16 per reporting firm.” The customer is seeking $123,000 in damages and the case is currently pending. The complaint took place while Felsenfeld was registered with H. Beck, Inc. and was regarding real estate investment trusts (REITs) and direct investments.
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, H. Beck, Inc. may be liable for investment or other losses suffered by Felsenfeld’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.