David Lerner Associates, Inc. Broker Richard Eden Energy Sector Losses

David Lerner Associates

Erez Law is currently investigating David Lerner Associates, Inc. broker Richard Eden (CRD# 2145727) regarding energy sector losses. He has been registered with David Lerner Associates, Inc. in Lawrenceville, New Jersey since 1991. 

Richard Eden Customer Complaints

He has been the subject of two customer complaints between 2015 and 2022, one of which were closed without action, according to his CRD report:

May 2022. “Unsuitability, misrepresentation/omission, breach of fiduciary duty.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint was regarding mutual funds and the Energy 11 private placement. 

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, David Lerner Associates, Inc. may be liable for investment or other losses suffered by Richard Eden’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.