There are options for customers of FSC Securities Corporation broker Rodney Potratz (CRD# 2367896)? Potratz has been registered with FSC Securities Corporation in Laguna Beach, California since 2003.
Potratz has been the subject of two customer complaints between 2011 and 2019, according to his CRD report:
November 2019. “Claimants allege various alternative investments were inappropriately recommended.” The customer is seeking $6 million in damages and the case is currently pending. The complaint was regarding direct investments.
December 2011. “The client’s attorney alleges that over a period of years, unsuitable recommendations were made in her accounts, and that some investments were made without obtaining prior approval.” The customer sought $413,000 in damages and the case was settled for $30,000.
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, FSC Securities Corporation may be liable for investment or other losses suffered by Potratz’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If 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.