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Raymond James & Associates, Inc. Broker Eric Bachinsky Accused of Unsuitable Investment Recommendations

Posted on Tuesday, June 16th, 2020 at 3:00 pm    

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Erez Law is currently investigating Raymond James & Associates, Inc. broker Eric Bachinsky (CRD# 1002854) regarding unsuitable investment recommendations. Bachinsky has been registered with Raymond James & Associates, Inc. in Palm Beach Gardens, Florida since 2006.

Bachinsky has been the subject of five customer complaints between 1989 and 2020, according to his CRD report. The most recent complaint is regarding: 

March 2020. “The attorney for the estate alleges unsuitable investments. Alleged Activity Dates: 11/11/2011 – 7/30/2019.” The customer is seeking $228,465.26 in damages and the case is currently pending. The complaint took place while Bachinsky was registered with Raymond James & Associates, Inc. and is regarding warrants. 

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, Raymond James & Associates, Inc. may be liable for investment or other losses suffered by Bachinsky’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.