Options for Clients of Ausdal Financial Partners, Inc. Broker Kurt Baldry Who Suffered Investment Losses
Posted on Monday, May 3rd, 2021 at 7:55 pm
There are options for clients of Ausdal Financial Partners, Inc. broker Kurt Baldry (CRD# 1568930) who suffered investment losses. Baldry has been registered with Ausdal Financial Partners, Inc. in Ostego, Minnesota since 2011.
Baldry has been the subject of two customer complaints between 2020 and 2021, according to his CRD report:
January 2021. “Client alleges unsuitable investments.” The customer is seeking $200,000 in damages and the case is currently pending. The complaint was regarding oil and gas and direct investment losses.
December 2020. “Improper investment recommendations, Failure to perform adequate Due Diligence, and Unsuitable Investment recommendations made in December 2013.” The customer is seeking $500,000 in damages in this pending complaint. The complaint was regarding direct investments and real estate securities.
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, Ausdal Financial Partners, Inc. may be liable for investment or other losses suffered by Baldry’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.