Losses with Steven W. Schmitt of Morgan Stanley in New York, NY

Michael Greenfield, Formerly with Newbridge Securities, Subject of Customer Complaints

BOCA RATON, FLORIDA     Have you invested with stockbroker Michael Greenfield from Boca Raton, Florida?  Our firm is looking into two complaints made by investors who filed claims against his former brokerage firm, Newbridge Securities.  One pending case, which was filed in September 2022, claims negligence by Greenfield in connection with the sale of an “alternative” investment.  A second case, which was filed in October 2023, makes allegations regarding a purported agreement by Greenfield to procure a credit facility for an investor’s real estate project but that Greenfield purportedly failed to do so.

From June 2017 to October 2023, Michael R. Greenfield worked in a Boca Raton, Florida office for Newbridge Securities.  Greenfield also previously was licensed through Oppenheimer, and he is now with Great Point Capital.  In addition to the two pending cases, Greenfield was previously the subject of four other customer complaints between 2016 and 2020.

Securities brokerage firms like Newbridge Securities are required by FINRA to perform due diligence on all investment products it sells.  If it failed to adequately perform due diligence on the alternative investments, the firm could be liable for investor losses.

View BrokerCheck report HERE

If you lost money with Michael Greenfield or Newbridge Securities, please Contact Us at 206-795-5798 for a free evaluation of your case.