July 2016- Troy, Michigan
The FINRA records of Douglas C. Osborn , a stock broker employed by L.M. Kohn & Company, disclose a pending customer arbitration.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In FINRA Case 15-1418, a customer alleges damages of $500,000 and claims that Osborn failed to properly manage his accounts resulting in losses. The customer also alleges that L.M. Kohn and a company officer failed to properly hire the representative and failed to supervise.
Osborn has been employed by L.M. Kohn since 7/2012. Prior to that he was employed by Leonard & Company.
If you have losses in an account handled by Douglas C. Osborn, you may be able to collect damages from his former employer.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900