February 2017-Coral Gables, FL
According to publicly available records Joel H. Kassewitz , (CRD# 1674124) , a stockbroker who is not currently registered discloses one pending and seven prior, final customer disputes.
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 pending FINRA arbitration 16-2746, a customer of his prior employer, Credit Suisse Securities , alleges damages of $400,000 for recommending unsuitable investments in oil and gas, violations of FINRA rules and Florida statutes, fraud and breach of fiduciary duty.
His prior customer disputes include FINRA arbitration 11-2814 in which a customer of Kassewitz’s prior employer, Merrill Lynch, alleged damages of $1,000,000 for unsuitable investments. That case was settled in 2012 for $450,000.
Kassewitz was employed previously by Wells Fargo Advisors, Credit Suisse Securities, Merrill Lynch, Prudential Securities and PaineWebber Inc.
If you have losses in an account handled by Joel H. Kassewitz, call to discuss your options.
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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