Did National Securities Corporation Broker Michael Burkoff Recommend You Unsuitable Structured Products?
Posted on Tuesday, May 5th, 2020 at 8:53 pm
Erez Law is currently investigating National Securities Corporation broker Michael Burkoff (CRD# 2751980) regarding unsuitable investment recommendations. Burkoff has been registered with National Securities Corporation in New York, New York since 2001.
Burkoff has been the subject of four customer complaints between 2000 and 2019, one of which was denied, according to his CRD report. The most recent complaint is regarding:
December 2019. “Suitability, breach of fiduciary duty.” The customer is seeking $150,000 in damages and the case is currently pending. The complaint was regarding structured products.
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, National Securities Corporation may be liable for investment or other losses suffered by Burkoff’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.