Erez Law is currently investigating former Raymond James & Associates, Inc. financial advisor Leon Rehak (CRD# 2331058) regarding excessive trading and churning in customer accounts. Rehak has been registered with LPL Financial LLC in Pompano Beach, Florida since October 2016. Previously, he was registered with Raymond James & Associates, Inc. in Ft. Lauderdale, Florida from 2004 to 2016.
Rehak has been the subject of one customer complaints, according to his CRD report:
November 2016. “Client alleges fraud, excessive trading, churning, unauthorized trading, breach of fiduciary duty, unsuitability, breach of contract, negligence, unjust enrichment and deceptive practices. Activity date is: 4/2004 through 12/2011.” The customer is seeking $600,000 in damages and the case is currently pending.
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, Raymond James & Associates, Inc. may be liable for investment or other losses suffered by Rehak’s customers.
Erez Law represents investors in the United States for claims against former Raymond James & Associates, Inc. financial advisor Leon Rehak, who is alleged to excessively trade and churn in customer accounts. If you were a client of Raymond James & Associates, Inc. or another firm, 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.
Did You Lose Money Investing with Robert Vance?
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 below for a free consultation.
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