Former Wilmington Capital Securities, LLC Broker Seymour Cohen Investment Loss Options

Wilmington Capital Securities

Former Wilmington Capital Securities, LLC broker Seymour Cohen (CRD# 2007478) accused of promissory note investment losses? He has been registered with Wilmington Capital Securities, LLC in Garden City, New York from 2008 to 2021.

Seymour Cohen Customer Complaints

He has been the subject of two customer complaints between 1992 and 2021, according to his CRD report. The most recent complaint was regarding:

November 2021. “Client alleges Mr. Cohen borrowed $200,000.00 from her that would be repaid with interest upon the sale of his home, detailed in a promissory note given to the client.” The customer is seeking $200,000 in damages and the case is currently pending. 

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, Wilmington Capital Securities, LLC may be liable for investment or other losses suffered by Seymour Cohen’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.