David Menashe, Formerly with Benchmark Investments, Barred by FINRA

NEW YORK, NY

Are you a former client of David Menashe, formerly with Benchmark Investments, Newbridge Securities, and Joseph Stone Capital in New York City?  Our investment fraud firm is reviewing claims made by FINRA against David Menashe.  FINRA barred Menashe from the securities brokerage industry because he failed to adequately respond to an investigation.  FINRA was looking into allegations that Menashe excessively traded or churned customer accounts.

Menashe informed FINRA investigators that he did not intend on staying in the securities industry and would not appear for on-the-record testimony.

Several broker-dealers have been affiliated with David Menashe, including Allied Millennial Partners, Benchmark Investments, Newbridge Securities, and Joseph Stone Capital.  Menashe primarily worked in offices in New York City and had been in the securities industry since 2009.  In 2016, Menashe was fined $15,000 by Montana for alleged excessive trading, and he was also the subject of a 2018 customer complaint.

Pursuant to FINRA rules, broker-dealers must adequately supervise their representatives like David Menashe.  If the brokerage firm fails to do so, it could be liable for investor losses.

Israels & Neuman is an investment fraud law firm that represents clients throughout the U.S., including investors in New York.  We have represented over 1,000 investors throughout the U.S. and have sued dozens of different brokerage firms, including Newbridge Securities and Joseph Stone Capital.

View Menashe, d BrokerCheck 7.18.22

View Menashe, d FINRA AWC

If you lost money with David Menashe or Benchmark Investments, please Contact Us at 720-599-3505 or 206-795-5798 for a free evaluation of your case.