Erez Law is currently investigating former Woodstock Financial Group, Inc. broker Raymond Clark (CRD# 2865619) regarding stock losses. He has been registered with Monmouth Capital Management LLC in Point Pleasant Beach, New Jersey since 2021. Previously, he was registered with Garden State Securities, Inc. in Red Bank, New Jersey from 2019 to 2021 and with Woodstock Financial Group, Inc. in Staten Island, New York from 2019 to 2021.
Raymond Clark Customer Complaints
He has been the subject of four customer complaints between 2002 and 2022, according to his CRD report. The most recent complaint was regarding:
February 2022. “I’ve been named for failure to supervise, when I never had any supervisory duties at this branch.” The customer is seeking $118,234.17 in damages and the case is currently pending. The complaint was regarding equity OTC and common and preferred stocks and the complaint took place while he was registered with Woodstock Financial Group, Inc.
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, Woodstock Financial Group, Inc. may be liable for investment or other losses suffered by Raymond Clark’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.