Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Loesch (Loesch), currently associated with Newedge Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Loesch recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $179,000.00 on April 04, 2025.
Client alleges that the use of margin to purchase municipal bonds was not explained and should have been discontinued when interest rates began to rise in 2022
