Advisor Alert: Our Attorneys Are Investigating Roderick Rodriguez For Investment Fraud
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.