Former Osprey Partners, LLC Broker Larry Cohen Real Estate Investment Losses
Posted on Wednesday, February 5th, 2020 at 10:15 pm
Erez Law is currently investigating former Osprey Partners LLC broker Larry Cohen (CRD# 3191796) regarding real estate security losses. Cohen has been registered with Aegis Capital Corp. in New York, New York since 2018. Previously, Cohen was registered with Osprey Partners LLC in Westport, Connecticut from 2016 to 2017 and prior to that with Paulson Investment Company LLC in New York, New York from 2013 to 2016.
Cohen has been the subject of two customer complaints between 2005 and 2019, according to his CRD report. The most recent complaint is regarding:
November 2019. “5/2016-7/2017 A group of claimants allege that the respondents failed to make material disclosures regarding the claimants’ investments in two real estate projects.” The customer is seeking $2,475,000 in damages and the case is currently pending. The complaint is regarding real estate securities and other preferred equities and took place while Cohen was registered with Osprey Partners LLC.
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, Osprey Partners LLC may be liable for investment or other losses suffered by Cohen’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.