February 2019- Garden City, NY
According to publicly available records Jeffrey L. Offen , (CRD# 2893980) , a stockbroker who is not currently employed as a stockbroker and who was last employed by Craft Capital Management discloses:
- 2 prior regulatory events
- 2 prior customer disputes
- 12 currently outstanding liens/judgments
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 July 2018 FINRA suspended Offen for three months for failing to respond to information in connection with a FINRA investigation.
In December 2016 Offen was fined $5,000 and suspended for 60 days by FINRA for failing to timely disclose reportable information. FINRA Case 2016048415301.
In FINRA Case 9-5377 a customer of New Castle Financial Services alleged damages of $98,000 for breach of fiduciary duty, fraud and negligence. That case was settled for $60,000 in 1/2011.
The 12 outstanding judgment/liens against Offen include:
- $4,970 to Sharton T. McLaughlin, MD
- $17,049 to Daimler Chrysler
- $58,970 to the Internal Revenue Service
- $35,621 to the Family Court of the State of New York
- $6,117 to Salvatore Albanese & Co.
Offen was employed by Craft Capital Management since 10/2016-9/2017. His prior employment includes Salomon Whitney Financial, Network 1 Financial Securities, Laidlaw & Company and Obsidian Financial Group.
If you have questions about an account handled by Jeffrey L. Offen, call for a no charge consultation to discuss your situation with an experienced securities attorney.
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