Broker Investigation: Leslie Goldstein

Leslie Goldstein (CRD#: 1300590) is a registered financial advisor who has been with Securities America, Inc. in Park Ridge, Illinois since 2014. He was previously employed by Sigma Financial Corp. between 2001 and 2014.

Broker Negligence

In July of this year, Goldstein was accused of recommending unsuitable investments to his customers. Goldstein’s BrokerCheck record shows a customer complaint alleging he concentrated their accounts in illiquid investments, annuities, life insurance, and unsuitable non-traded REITs. The complaint also alleges the broker was negligent and in breach of his fiduciary duty for churning and taking excessive commissions.

Goldstein’s CRD report also shows two other customer complaints since 1987. In 1990, he was suspended by the National Association of Securities Dealers, Inc. and fined $50,000.

FINRA has strict rules stating member firms have a responsibility to supervise their broker’s activities. As a result, Goldstein’s employer, Securities America may also face liability.

Get Help From Our Investment Fraud Lawyers

At Sonn Law Group, our top legal representation works to protect the rights of investors nationwide. If you or a loved one has suffered financial losses as a result of broker negligence, contact us today to learn more about your legal options.

Disclaimer: This article contains opinions and NOT statements of fact in any way whatsoever. The information here is general information that should not be taken as legal advice. NO attorney-client relationship is established between you and our attorneys by reading this article. This article is attorney advertising and should not be used as a substitute for legal advice from a qualified securities lawyer.

Rate this post:

1 Star2 Stars3 Stars4 Stars5 Stars
(No Ratings Yet)