Advisor Alert: Our Attorneys Are Investigating Iris Cecelia Israel For Investment Fraud

Chetan Patil on March 22, 2024

Did You Lose Money Because of Iris Israel?

Filed: March 18, 2024

Iris Israel (also known as Cecelia Iris Israel) currently has four (4) pending customer complaints. Overall, she has been the subject of thirty-five (35) 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 Iris Cecelia Israel.

Who Is Iris Cecelia Israel?

  • Advisor Name: Iris Cecelia Israel
  • Aliases: Cecelia Iris Israel
  • CRD: 1547363
  • Location: Atlanta, Georgia
  • Current Employer: Currently Not Registered
  • Previous Firms: Oppenheimer & Co. Inc., CIBC World Markets Corp., and Painewebber Incorporated
  • Number of Known Customer Complaints: 35
  • Can Iris Israel Be Sued: Yes, in Private Arbitration
  • Can Iris Israel’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $6,989,702
  • Highest Settlement: $35,500,000

If you have suffered investment losses by Iris Israel, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Iris Israel For Broker Misconduct

As of this publication date, Iris Israel has been the subject of 35 customer disputes. Let’s review them below.

In January 2024, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $1,000,000 because of Ms. Israel’s actions. As of this publication date, this claim remains pending.

In August 2023, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $500,000 because of Ms. Israel’s actions. On November 22, 2023, Ms. Israel settled the claim for $127,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In August 2023, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $500,000 because of Ms. Israel’s actions. On November 22, 2023, Ms. Israel settled the claim for $140,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In June 2023, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $2,000,000 because of Ms. Israel’s actions. As of this publication date, this claim remains pending.

In April 2023, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. On July 17, 2023, Ms. Israel settled the claim for $185,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In March 2023, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. On July 17, 2023, Ms. Israel settled the claim for $225,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In February 2023, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $734,748 because of Ms. Israel’s actions. On May 9, 2023, Ms. Israel settled the claim for $190,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In January 2023, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $580,000 because of Ms. Israel’s actions. On July 25, 2023, Ms. Israel settled the claim for $415,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In December 2022, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. The claimant also alleges Ann Greene failed to supervise. As of this publication date, this claim remains pending.

In December 2022, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. On May 2, 2023, Ms. Israel settled the claim for $50,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $1,000,000 because of Ms. Israel’s actions. As of this publication date, this claim remains pending.

In November 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. On June 1, 2023, Ms. Israel settled the claim for $880,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $4,500,000 because of Ms. Israel’s actions. On December 13, 2023, Ms. Israel settled the claim for $4,736,719, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $300,000 because of Ms. Israel’s actions. On September 29, 2023, Ms. Israel settled the claim for $212,500, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In September 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $900,000 because of Ms. Israel’s actions. On September 14, 2023, Ms. Israel settled the claim for $675,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In September 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $1,000,000 because of Ms. Israel’s actions. On October 2, 2023, Ms. Israel settled the claim for $817,500, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In August 2022, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $104,100 because of Ms. Israel’s actions. On April 24, 2023, Ms. Israel settled the claim for $77,500, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In July 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $2,000,000 because of Ms. Israel’s actions. On June 13, 2023, Ms. Israel settled the claim for $1,805,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In April 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $1,372,000 because of Ms. Israel’s actions. On June 6, 2023, Ms. Israel settled the claim for $1,000,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In April 2022, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $288,000 because of Ms. Israel’s actions. On May 2, 2023, Ms. Israel settled the claim for $230,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In March 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $1,200,000 because of Ms. Israel’s actions. On March 29, 2023, Ms. Israel settled the claim for $1,140,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In March 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $4,000,000 because of Ms. Israel’s actions. On May 12, 2023, Ms. Israel settled the claim for $3,100,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In March 2022, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customers, they lost over $3,000,000 because of Ms. Israel’s actions. On May 8, 2023, Ms. Israel settled the claim for $2,575,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In March 2022, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $394,200 because of Ms. Israel’s actions. On May 31, 2023, Ms. Israel settled the claim for $325,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In January 2022, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $1,000,000 because of Ms. Israel’s actions. On August 29, 2023, Ms. Israel settled the claim for $400,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In December 2021, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging violations of FINRA Rules; breach of fiduciary duty; aiding and abetting breach of fiduciary duty; breach of contract and breach of the duty of good faith and fair dealing; unlawful sales of securities; and respondeat superior/agency by estoppel liability. Per the customers, they lost over $6,989,702 because of Ms. Israel’s actions. An arbitration panel found that Iris Israel was negligent and awarded $14,571,404 in favor of the customers.

In December 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved with prospecting individuals to invest in an alleged Ponzi Scheme, and working jointly in a conspiracy with John Woods in that activity. Per the customer, he/she lost over $3,800,000 because of Ms. Israel’s actions. On January 30, 2023, Ms. Israel settled the claim for $177,500, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $1,400,000 because of Ms. Israel’s actions. On March 9, 2023, Ms. Israel settled the claim for $35,500,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $510,000 because of Ms. Israel’s actions. On December 27, 2022, Ms. Israel settled the claim for $400,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $1,000,000 because of Ms. Israel’s actions. On March 23, 2023, Ms. Israel settled the claim for $1,300,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $3,300,000 because of Ms. Israel’s actions. On February 14, 2023, Ms. Israel settled the claim for $5,000,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $3,300,000 because of Ms. Israel’s actions.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved in conducting a Ponzi Scheme. Per the customer, he/she lost over $1,200,000 because of Ms. Israel’s actions. On January 23, 2023, Ms. Israel settled the claim for $2,000,000, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by a customer of Oppenheimer & Co. Inc. alleging that Ms. Israel was involved with prospecting individuals to invest in an alleged Ponzi Scheme, and working jointly in a conspiracy with John Woods in that activity. Per the customer, he/she lost over $170,000 because of Ms. Israel’s actions. On December 19, 2022, Ms. Israel settled the claim for $177,500, and some or all of this amount may have been paid by Ms. Israel’s employer and/or insurance carrier.

In November 2021, a FINRA arbitration was filed against or in reference to Iris Israel by multiple customers of Oppenheimer & Co. Inc. alleging violations of FINRA supervision rules; breach of the duty of good faith and fair dealing; breach of fiduciary duty; violation of the California Welfare & Institutions Code; and respondeat superior/agency by estoppel liability. Per the customers, they lost over $2,500,000 because of Ms. Israel’s actions. An arbitration panel found that Iris Israel was negligent and awarded $1,483,670 in favor of the customers.

How To File A Claim Against Iris Israel (previously with Oppenheimer & Co. Inc., CIBC World Markets Corp., and Painewebber Incorporated) To Get Your Money Back

If you have questions about Iris Israel, Oppenheimer & Co. Inc., CIBC World Markets Corp., Painewebber Incorporated, 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.