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Anthony Manougian- Oppenheimer Broker- Facing $3.5M Customer Suit- Melville, NY

Anthony Manougian- Oppenheimer Broker- Facing $3.5M Customer Suit- Melville, NY

Anthony Manougian- Oppenheimer Broker- Facing $3.5M Customer Suit- Melville, NY 150 150 Rex Securities Law

Anthony Manougian Investigation

October, 2022 – Melville, NY

The FINRA records of Anthony Joseph Manougianan Oppenheimer & Co. broker, disclose a pending suit by a former customer seeking damages of $3.5 million.

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 6/2022, FINRA case #22-1264 was filed by an Oppenheimer & Co., Inc. customer alleging claims for theft and conversion of assets by Manougian from a trust account beginning in 2010.  The customer also alleges breach of fiduciary duty, fraud, unjust enrichment, churning and unauthorized trading in this currently pending matter.

Manougian  has been employed with Oppenheimer  Co. Inc. since 12/2012.

If you have questions about an account handled by Anthony Manougian ,  call for a no charge consultation 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.

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Rex Securities Law

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