March 2016-UPDATE–KAPLAN NAMED IN TWO NEW CUSTOMER ARBITRATIONS SEEKING TOTAL OF 1.5 MILLION See this for details.
Earlier Post ==June 24, 2015
Rex Securities Law is investigating broker Mark Kaplan on behalf of a retired widow who alleges that her account was overly traded resulting in losses.
According to FINRA records, Kaplan has been registered with Vanderbilt Securities in Woodbury, NY, since March 2011. Prior to that he was registered with Morgan Stanley Smith Barney from June 2009-March 2011.
FINRA records indicate that Kaplan was discharged from Morgan Stanley Smith Barney “resulting from recent client complaint and other concerns regarding activity in client accounts”.
FINRA records reveal three prior customer complaints, two of which allege churning or excessive trading.
Vanderbilt Securities (aka Vanderbilt Financial Group) is headquartered in Woodbury, New York, and is licensed in 48 U.S. States and territories.
If you have losses in an account handled by Kaplan , call to learn how you may be entitled to collect damages from his former employing firm.
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.
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