Herbert J. Sims & Co

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shane Appelbaum (Appelbaum), currently associated with Herbert J. Sims & Co, INC., has at least one disclosable event. These events include one customer complaint, alleging that Appelbaum 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 $3,000,000.00 on May 28, 2024.

An unclear claim that certain investments did not perform. Focused primarily on investments made with the clients former broker that is now retired.\<char_lb_r>\, 2010 – 2020

The securities attorneys at Gana Weinstein LLP are currently investigating previously registered broker Laurence Greene (Greene). According to BrokerCheck Records held by the Financial Industry Regulatory Authority (FINRA), Greene has been subject to two pending customer disputes concerning unsuitable investments.

Most recently, in May 2018, a customer alleged that Greene placed the customer’s funds into risk oil and gas securities which were unsuitable to to the customer’s investment objectives. In addition, the customer alleges churning of the account. This dispute is currently still pending.

In November 2017, a customer alleged that during 2013, Greene placed the customer in unsuitable investments, churned the account, breached fiduciary duty and excessively traded the accounts. The customer has requested $375,000 in damages. This dispute is currently still pending.

Our firm handles claims and is also investigating securities claims against brokerage firms over sales practices related to the recommendations of oil & gas and commodities products such as exchange traded notes (ETNs), structured notes, private placements, master limited partnerships (MLPs), leveraged ETFs, mutual funds, and individual stocks.

Articles Tagged with Herbert J. Sims & Co

Broker Shane Appelbaum in Herbert J. Sims & Co, INC. Firm Has Customer Complaint

Previously Registered Broker Laurence Greene Subject to Unsuitable Oil and Gas Securities Complaints