WILLIAM WEISBROD of Purshe Kaplan Involved in $12 Million Unsuitable Investment COMPLAINT

 FAIRFIELD, NEW JERSEY

 Have you lost money with financial advisor William Weisbrod, with Purshe Kaplan Sterling in Fairfield, New Jersey?  We are looking into allegations made against William Weisbrod. Weisbrod has been the subject of two customer complaints, one which was filed within the last year.  The recent complaint alleges an unsuitable investment in an asset-backed security and seeks $12 million in damages.

William Weisbrod has been with Purshe Kaplan Sterling from 2009 to the present.  He has worked at branch offices in Fairfield, New Jersey.  Weisbrod was also the subject of an NASD investigation in 2009 and was terminated by Wachovia in 2009.

Brokerage firms like Purshe Kaplan Sterling 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 Jersey.  Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Purshe Kaplan Sterling.

Click here to view William Weisbrod BrokerCheck Report

If you lost money with William Weisbrod or Purshe Kaplan Sterling, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.

 

 

Blog Contact

Name
This field is for validation purposes and should be left unchanged.