Woodbury Financial Services, Inc. Financial Advisor Robert Ginsberg Accused of Recommending Unsuitable REITs
Posted on Monday, November 26th, 2018 at 10:33 am
Erez Law is currently investigating Woodbury Financial Services, Inc. financial advisor Robert Ginsberg (CRD# 5177531) regarding losses due to investments in real estate investment trusts (REITs). Ginsberg has been registered with Woodbury Financial Services, Inc. in Wallingford, Connecticut since September 2016. Previously, he was registered with Investors Capital Corp. in Wallingford, Connecticut from 2008 to 2016.
Ginsberg has been the subject of two customer complaints in 2017, according to his CRD report:
December 2017. “Suitability.” The case is currently pending.
November 2017. “Suitability of investments in REITs.” The customer is seeking $1 million in damages and the case is currently pending. This case was regarding alternative investments.
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, Woodbury Financial Services, Inc. may be liable for investment or other losses suffered by Ginsberg’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.