Category: Osaic Institutions

Did You Lose Money Because of Fermin Mesina?

Filed: March 19, 2024

Fermin Mesina currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) customer complaints and one (1) financial event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Fermin Alberto Mesina.

Who Is Fermin Alberto Mesina of Osaic Institutions, Inc.?

• Advisor Name: Fermin Alberto Mesina
• Aliases: Fermin Mesina
• CRD: 4619199
• Location: Chula Vista, California
• Current Employer: Osaic Institutions, Inc.
• Previous Firms: First Brokerage America, L.L.C. and Insight Securities, Inc.
• Number of Known Customer Complaints: 2
• Number of Known Financial Events: 1
• Can Fermin Mesina Be Sued: Yes, in Private Arbitration
• Can Fermin Mesina’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $500,000
• Highest Settlement: $300,000

If you have suffered investment losses by Fermin Mesina, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Fermin Mesina For Broker Misconduct

As of this publication date, Fermin Mesina has been the subject of 2 customer disputes and 1 financial event. Let’s review them below.

In February 2023, Fermin Mesina filed for bankruptcy in the US Bankruptcy Court.

In January 2023, a FINRA arbitration was filed against or in reference to Fermin Mesina by a customer of Infinex Investments, Inc. alleging that Mr. Mesina failed to perform adequate due diligence and concentrated a large portion of the client’s net worth into this investment vehicle. Per the customer, he/she lost over $500,000 because of Mr. Mesina’s actions. As of this publication date, this claim remains pending.

In April 2022, a FINRA arbitration was filed against or in reference to Fermin Mesina by a customer of Infinex Investments, Inc. alleging breach of contract, negligence, breach of fiduciary duty, and violation of CA Corporations Code. Per the customer, he/she lost over $350,000 because of Mr. Mesina’s actions. On July 12, 2023, Mr. Mesina settled the claim for $300,000, and some or all of this amount may have been paid by Mr. Mesina’s employer and/or insurance carrier.

How To File A Claim Against Fermin Mesina of Osaic Institutions, Inc. (previously with First Brokerage America, L.L.C. and Insight Securities, Inc.) To Get Your Money Back

If you have questions about Fermin Mesina, Osaic Institutions, Inc., First Brokerage America, L.L.C., Insight Securities, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Michael Risko?

Filed: March 18, 2024

Michael Risko currently has two (2) pending customer complaints and three (3) pending judgment/lien events. Overall, he has been the subject of two (2) customer complaints and three (3) judgment/lien events. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Michael William Risko.

Who Is Michael William Risko of Osaic Institutions, Inc.?

• Advisor Name: Michael William Risko
• Aliases: Michael Risko
• CRD: 1975573
• Location: Hyde Park, New York
• Current Employer: Osaic Institutions, Inc.
• Previous Firms: Essex National Securities, LLC
• Number of Known Customer Complaints: 2
• Number of Known Judgment/Lien Events: 3
• Can Michael Risko Be Sued: Yes, in Private Arbitration
• Can Michael Risko’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $330,000
• Highest Settlement: Unknown

If you have suffered investment losses by Michael Risko, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Michael Risko For Broker Misconduct

As of this publication date, Michael Risko has been the subject of 2 customer disputes and 3 judgment/lien events. Let’s review them below.

In June 2023, a FINRA arbitration was filed against or in reference to Michael Risko by a customer of Essex National Securities, LLC alleging that Mr. Risko sold a REIT that was allegedly unsuitable for the client’s investment profile. Per the customer, he/she lost over $330,000 because of Mr. Risko’s actions. As of this publication date, this claim remains pending.

In December 2022, a complaint was filed against or in reference to Michael Risko by a customer of Infinex Investments, Inc. alleging poor service that caused the client to miss REIT quarterly distribution. Per the customer, he/she lost over $77,161.99 because of Mr. Risko’s actions. As of this publication date, this claim remains pending.

In January 2011, Michael Risko was the subject of a civil judgment or lien in the amount of $7,210.82. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In March 2010, Michael Risko was the subject of a civil judgment or lien in the amount of $781.65. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In March 2010, Michael Risko was the subject of a civil judgment or lien in the amount of $4,013.13. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

How To File A Claim Against Michael Risko of Osaic Institutions, Inc. (previously with Essex National Securities, LLC) To Get Your Money Back

If you have questions about Michael Risko, Osaic Institutions, Inc., Essex National Securities, LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Roderick Rodriguez?

Filed: March 11, 2024

Roderick Rodriguez has been the subject of five (5) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Roderick Rodriguez.

Who Is Roderick Rodriguez of Osaic Institutions, Inc.?

• Advisor Name: Roderick Rodriguez
• Aliases: Roderick Rodriguez
• CRD: 2680445
• Location: The Bronx, New York
• Current Employer: Osaic Institutions, Inc.
• Previous Firms: Essex National Securities, LLC, Citigroup Global Markets Inc., and LPL Financial Corporation
• Number of Known Customer Complaints: 5
• Can Roderick Rodriguez Be Sued: Yes, in Private Arbitration
• Can Roderick Rodriguez’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $157,760.89
• Highest Settlement: $55,000

If you have suffered investment losses by Roderick Rodriguez, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a margin call liquidations lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Roderick Rodriguez For Broker Misconduct

As of this publication date, Roderick Rodriguez has been the subject of 5 customer disputes. Let’s review them below.

In March 2023, a FINRA arbitration was filed against or in reference to Roderick Rodriguez by a customer of Essex National Securities, LLC alleging overconcentration of client assets into a single illiquid investment. Per the customer, he/she lost over $50,000 because of Mr. Rodriguez’s actions. On June 15, 2023, Mr. Rodriguez settled the claim for $14,999, and some or all of this amount may have been paid by Mr. Rodriguez’s employer and/or insurance carrier.

In November 2020, a FINRA arbitration was filed against or in reference to Roderick Rodriguez by a customer of Essex National Securities, LLC alleging that Mr. Rodriguez made an unsuitable recommendation. Per the customer, he/she lost over $150,000 because of Mr. Rodriguez’s actions. On December 7, 2021, Mr. Rodriguez settled the claim for $55,000, and some or all of this amount may have been paid by Mr. Rodriguez’s employer and/or insurance carrier.

In September 2020, a complaint was filed against or in reference to Roderick Rodriguez by a customer of Essex National Securities, LLC alleging that the money is locked up, and that Mr. Rodriguez did not tell him the truth regarding these 2 REIT company’s refund policies. Per the customer, he lost over $157,760.89 because of Mr. Rodriguez’s actions.

In September 2020, a complaint was filed against or in reference to Roderick Rodriguez by a customer of Essex National Securities, LLC alleging that the client would not have invested had she known the full liquidity procedure, and was denied an emergency refund. Per the customer, she lost over $71,233.71 because of Mr. Rodriguez’s actions.

In May 2020, a complaint was filed against or in reference to Roderick Rodriguez by a customer of Essex National Securities, LLC alleging that the client’s investment is illiquid. The client states that Mr. Rodriguez provided her with a date of intended liquidity. The client called the REIT company who indicated they could change the terms of the agreement and did not advise the broker to indicate a potential liquidity date. Per the customer, she lost over $35,000 because of Mr. Rodriguez’s actions.

How To File A Claim Against Roderick Rodriguez of Osaic Institutions, Inc. (previously with Essex National Securities, LLC, Citigroup Global Markets Inc., and LPL Financial Corporation) To Get Your Money Back

If you have questions about Roderick Rodriguez, Osaic Institutions, Inc., Essex National Securities, LLC, Citigroup Global Markets Inc., LPL Financial Corporation, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.

Did You Lose Money Because of Derek Malone?

Filed: February 19, 2024

Derek Malone currently has two (2) pending customer complaints and three (3) pending judgment/lien events. Overall, he has been the subject of four (4) customer complaints and three (3) judgment/lien events. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Derek Wilhelm Malone.

Who Is Derek Wilhelm Malone of Osaic Institutions, Inc.?

• Advisor Name: Derek Wilhelm Malone
• Aliases: Derek Malone
• CRD: 5495233
• Location: New York, New York
• Current Employer: Osaic Institutions, Inc.
• Previous Firms: Essex National Securities, LLC
• Number of Known Customer Complaints: 4
• Number of Known Judgment/Lien Events: 3
• Can Derek Malone Be Sued: Yes, in Private Arbitration
• Can Derek Malone’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
• Highest Damages Allegation: $250,000
• Highest Settlement: $55,000

If you have suffered investment losses by Derek Malone, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Derek Malone For Broker Misconduct

As of this publication date, Derek Malone has been the subject of 4 customer disputes and 3 judgment/lien events. Let’s review them below.

In May 2023, a complaint was filed against or in reference to Derek Malone by a customer of Infinex Investments, Inc. alleging that Mr. Malone misrepresented the CD. Per the customer, she lost over $150,000 because of Mr. Malone’s actions. As of this publication date, this claim remains pending.

In May 2023, a complaint was filed against or in reference to Derek Malone by a customer of Infinex Investments, Inc. alleging that Mr. Malone misrepresented the CD. Per the customer, she lost over $250,000 because of Mr. Malone’s actions. As of this publication date, this claim remains pending.

In September 2021, a complaint was filed against or in reference to Derek Malone by a customer of Essex National Securities, LLC alleging that the client had been misled to believe REIT as safe, conservative, and liquid. Per the customer, he/she lost over $44,000 because of Mr. Malone’s actions.

In November 2020, a FINRA arbitration was filed against or in reference to Derek Malone by a customer of Essex National Securities, LLC alleging that Mr. Malone made an unsuitable recommendation. Per the customer, he/she lost over $150,000 because of Mr. Malone’s actions. On December 7, 2021, Mr. Malone settled the claim for $55,000, and some or all of this amount may have been paid by Mr. Malone’s employer and/or insurance carrier.

In November 2006, Derek Malone was the subject of a civil judgment or lien in the amount of $1,935. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In June 2005, Derek Malone was the subject of a civil judgment or lien in the amount of $2,055. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

In January 2005, Derek Malone was the subject of a civil judgment or lien in the amount of $1,693. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.

How To File A Claim Against Derek Malone of Osaic Institutions, Inc. (previously with Essex National Securities, LLC) To Get Your Money Back

If you have questions about Derek Malone, Osaic Institutions, Inc., Essex National Securities, LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.