FINRA Arbitration Claim Seeks $250K in Damages, Possibly Involving Energy 11 LP An investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim naming David Lerner Associate, Glenn Howard Werner. Seeking $250K in damages, the claimant contends that misrepresentations and omissions, unsuitable investment recommendations, and a breach of fiduciary…
FINRA Arbitration Claim Seeks Up to $100K in Damages for Investor’s Losses A New York widow is pursuing damages from David Lerner Associates after she suffered losses from investments she purchased at broker Michael Joseph Norton’s recommendation, including the firm’s proprietary Energy 11, LP private placement. Norton, a Syosset, NY…
Pending Customer Disputes Involving David Lerner Associates Broker Rafael Klein Seek $300K in Damages Rafael Scott Klein, a David Lerner Associates broker and Spirit of America Management Corp. investment advisor, may have unsuitably sold investments in Energy 11, LP to customers. Energy 11 is a non-traded limited partnership set up…