WHITE PLAINS, NEW YORK
Have you lost money with financial advisor Nicholas Jembelis, with David Lerner Associates in White Plains, New York? We are looking into allegations made against Nicholas T. Jembelis. Jembelis has been the subject of a customer complaint, which was made within the last year. The complaint alleges losses in Energy 11, which is an oil and gas investment.
Nicholas Jembelis has been with David Lerner Associates from 1999 to the present. He has worked at branch offices in White Plains, New York.
Brokerage firms like David Lerner Associates have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against David Lerner Associates.
View N. Jembelis BrokerCheck Report