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Money Concepts Capital Corp. Broker Darren Ogelsby Recovery Loss Options

Posted on Thursday, January 9th, 2020 at 12:28 pm    

Money Concepts Capital Corp.

Have you suffered losses due to investments with Money Concepts Capital Corp. broker Darren Ogelsby (CRD# 2480135)? Ogelsby has been registered with Money Concepts Capital Corp. in Monroe, Louisiana since 1995.

Ogelsby has been the subject of three customer complaints between 2005 and 2019, two of which were closed without action, according to his CRD report. The most recent complaint is regarding:

August 2019. “Clients are alleging the investment was an unsuitable product, breach of contract and breach of fiduciary duty.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding private placements.

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, Money Concepts Capital Corp. may be liable for investment or other losses suffered by Ogelsby’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.