FSC Securities Corporation Broker Scott Coonrod Investment Loss Options

FSC Securities Corporation

Erez Law is currently investigating FSC Securities Corporation broker Scott Coonrod (CRD# 4311374), who is accused of excessively aggressive trading that led to investment losses. He has been registered with FSC Securities Corporation in Bend, Oregon, from 2017 to 2022. Previously, he was registered with Morgan Stanley in Bend, Oregon, from 2009 to 2017.

Scott Coonrod Customer Complaints

He has been the subject of three customer complaints between 2009 and 2022, according to his CRD report. The most recent complaint was regarding: 

November 2022. “Claimants are children and wife of deceased client who allege trading on behalf of father/spouse was excessively aggressive.” The customer is seeking $1,228,822 in damages, and the case is currently pending. The complaint was related to equity OTC losses, and it took place while he was registered with FSC Securities Corporation.

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 Scott Coonrod’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.

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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.