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Ausdal Financial Partners, Inc. Broker Randy Birkinbine in Illiquid Investment Losses

Posted on Wednesday, January 6th, 2021 at 12:58 am    

Ausdal Financial Partners

Erez Law is interested in speaking with investors who may have suffered losses due to investments with Ausdal Financial Partners, Inc. broker Randy Birkinbine (CRD# 2008599). Birkinbine has been registered with Ausdal Financial Partners, Inc. in North Oaks, Minnesota since 2011. 

Birkinbine has been the subject of four customer complaints between 2013 and 2020, one of which was denied, according to his CRD report. The most recent complaint is regarding:

September 2020. “Client alleges unsuitable investments and concentration in illiquid investments.” The customer is seeking $109,000 in damages and the case is currently pending. The complaint was regarding private placements 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 Birkinbine’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.