ETF Losses Due to Recommendations by Former Sagepoint Financial, Inc. Broker Ran Regev

Sagepoint Financial, Inc.

Can you recover investment losses due to recommendations by former Sagepoint Financial, Inc. broker Ran Regev (CRD# 5469190)? He has been registered with Osaic Wealth, Inc. in Fort Lauderdale, Florida, since 2023. Previously, he was registered with Sagepoint Financial, Inc. in Fort Lauderdale, Florida, from 2015 to 2023. 

Ran Regev Customer Complaints

Public records indicate that a former client of the broker is alleging investment losses related to exchange-traded funds (ETFs) and equities. It is alleged that the broker engaged in high-velocity trading in the technology sector, where he purchased and sold investments in a short period of time. As opposed to the traditional strategy of basing trades on research, this speculative investment strategy is typically based on technical indicated or market timing. By engaging in these short-term trades, brokers are seeking to make a profit on frequent trades instead of a traditional method of buying and holding higher quality stocks for a longer period of time. 

Ran Regev was the subject of one previous customer complaint in 2013 that was settled for $15,385. The complaint was regarding: “customers alleged the representative provided incorrect information when funds were transferred from an existing variable annuity into a new variable annuity, on April 12, 2012. no specific compensatory damages were alleged.”

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, Sagepoint Financial, Inc. may be liable for investment or other losses suffered by Ran Regev’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

Please do not include any confidential or sensitive information in this form. Submitting this form does not create an attorney-client relationship.

Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.