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Did You Lose Money Because of Eric Bachinsky?

Filed: January 30, 2024

Eric Bachinsky 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 Eric Fred Bachinsky.

Who Is Eric Fred Bachinsky of Raymond James & Associates, Inc.?

  • Advisor Name: Eric Fred Bachinsky
  • Aliases: Eric Bachinsky
  • CRD: 1002854
  • Location: Palm Beach Gardens, Florida
  • Current Employer: Raymond James & Associates, Inc.
  • Previous Firms: Robert W. Baird & Co. Incorporated and Northwestern Mutual Investment Services, LLC
  • Number of Known Customer Complaints: 5
  • Can Eric Bachinsky Be Sued: Yes, in Private Arbitration
  • Can Eric Bachinsky’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $228,465.26
  • Highest Settlement: $100,000

If you have suffered investment losses by Eric Bachinsky, 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 Eric Bachinsky For Broker Misconduct

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

In March 2020, a complaint was filed against or in reference to Eric Bachinsky by a customer of Raymond James & Associates, Inc. alleging unsuitable investments. Per the customer, he/she lost over $228,465.26 because of Mr. Bachinsky’s actions.

In November 2011, a complaint was filed against or in reference to Eric Bachinsky by a customer of Raymond James & Associates, Inc. alleging negligence, misrepresentation, breach of contract, and breach of fiduciary duty. Per the customer, he/she lost over $80,000 because of Mr. Bachinsky’s actions. On May 25, 2012, Mr. Bachinsky settled the claim for $24,000, and some or all of this amount may have been paid by Mr. Bachinsky’s employer and/or insurance carrier.

In February 2009, a complaint was filed against or in reference to Eric Bachinsky by a customer of Raymond James & Associates, Inc. alleging poor recommendations and poor advice.

In January 1996, a complaint was filed against or in reference to Eric Bachinsky by a customer of Painewebber, Inc. alleging negligence, common law and securities fraud, breach of fiduciary duty and breach of contract, involving three Painewebber government bond mutual funds purchased in 1993 and 1994. Per the customer, he/she lost over $204,000 because of Mr. Bachinsky’s actions. On October 10, 1996, Mr. Bachinsky settled the claim for $100,000, and some or all of this amount may have been paid by Mr. Bachinsky’s employer and/or insurance carrier.

In August 1989, a complaint was filed against or in reference to Eric Bachinsky by a customer of Thompson McKinnon Securities alleging that Reebok stock purchase was unsuitable. The client also claimed mismanagement of the account. Per the customer, he/she lost over $80,000 because of Mr. Bachinsky’s actions. On January 7, 1991, Mr. Bachinsky settled the claim for $24,000, and some or all of this amount may have been paid by Mr. Bachinsky’s employer and/or insurance carrier.

How To File A Claim Against Eric Bachinsky of Raymond James & Associates, Inc. (previously with Robert W. Baird & Co. Incorporated and Northwestern Mutual Investment Services, LLC) To Get Your Money Back

If you have questions about Eric Bachinsky, Raymond James & Associates, Inc., Robert W. Baird & Co. Incorporated, Northwestern Mutual Investment Services, 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.

Author Photo

Chetan Patil

Chetan Patil is the founder and Managing Partner of the Patil Law. He brings over 15 years of extensive experience in diverse complex disputes and transactions, across the country. Mr. Patil specializes in litigations, trials, arbitrations, and appeals of complex securities, FINRA, financial and business disputes, with an emphasis in securities, financial services, and financial regulatory law.
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