Advisor Randy Birkinbine, with Ausdal Financial Partners, Subject of Customer Complaints

NORTH OAKS, MINNESOTA     Have you lost money investing with Randy Birkinbine of Ausdal Financial Partners in North Oaks, Minnesota?  According to Brokercheck, Ausdal Financial Partners has been named as a party in three cases filed in 2024, and Mr. Birkinbine was the subject of those complaints.  It was alleged that he made unsuitable investment recommendations in GWG, as well as oil and gas investments, REITs (real estate investment trusts), and UITs (unit investment trusts).

Randy Birkinbine has been affiliated with Ausdal Financial Partners from June 2011 to the present.  He worked in a North Oaks, Minnesota office.  In addition to the three customer complaints mentioned above, he has been the subject of five other customer complaints since 2013, and has also had five tax liens since 2009.

FINRA Rule 2111 discusses suitability: advisors must make suitable investment recommendations to customers in accordance with the investors’ risk tolerance, investment objectives, net worth, age, and other factors.  If the advisor violates Rule 2111, the advisor and/or the brokerage firm  can be liable for investor losses.

Israels & Neuman PLC handles a number of cases in FINRA arbitration.  We have previously represented numerous investors in Minnesota and the Twin City area.

View BrokerCheck report HERE.

If you lost money with Randy Birkinbine or Ausdal Financial Partners, please Contact Us at 720-599-3505 for a free evaluation of your case.