Marshall Owen Isaacson, a previously registered broker in Boca Raton, Florida, was barred by the Financial Industry Regulatory Authority (FINRA) for failing to comply with their request for documents and is currently the subject of customer dispute disclosures on the allegations of unsuitability of investments, misrepresentation, and negligence, among others. This is according to an investigation by investor lawyer Alan Rosca.
Investor lawyer Alan Rosca, of Rosca Scarlato PC law firm is investigating conduct related to the bar of Marshall Owen Isaacson by FINRA for failing to comply with their request for documents as well as the customer dispute disclosures initiated on the allegations of unsuitable investment recommendations, misrepresentation, and negligence, among others.
Prior to the bar, former broker Marshall Isaacson was registered with Newbridge Securities Corporation, a Florida based FINRA member firm, between June 2016 and May 2019. He was registered with the firm when he allegedly carried out the acts leading to the bar and several customer disputes.
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Marshall Isaacson Was Barred by FINRA for Allegedly Failing to Provide Documents and Information Requested
Publicly available information reviewed by the investor lawyer Alan Rosca showed that the bar by FINRA and the customer dispute disclosures were initiated between April 2019 and July 2020. The FINRA regulatory action and subsequent sanction was made on 20th July 2020 according to the information on his FINRA Brokercheck reports.
The regulatory action was initiated against Marshall Owen Isaacson by FINRA on the allegations that ex broker Marshall Isaacson refused to comply with FINRA’s request to provide some information and necessary documents. This request was allegedly made pursuant to an investigation initiated by FINRA against Marshall Isaacson to examine the allegation that he made unsuitable investment recommendations.
In resolving this regulatory action, now former broker Marshall Isaacson consented to a Letter of Acceptance, Waiver and Consent (AWC) with FINRA. By virtue of the AWC, without admitting or denying the findings, Marshall Owen Isaacson consented to the sanction imposed by the regulatory authority which barred him indefinitely in all capacities starting from 20th July, 2020.
Isaacson Is the Subject of Customer Dispute Disclosures
Investor lawyer Alan Rosca further reviewed public information as reported on his FINRA brokercheck reports and found that Marshall O. Isaacson was also subject to customer dispute disclosures alleging unsuitability of investment recommendations and misrepresentation among others.
In January 2020, a customer dispute was initiated on the allegation of unsuitable investment recommendations and misrepresentations to the client. As a result of this, the client is seeking to recover $100, 000 in damages from the previously registered broker Marshall Isaacson.
The second customer dispute disclosure was filed in January 2020. The client in this dispute alleges negligence and breach of fiduciary duty. The client also alleges the breach of their contract in connection with investments in GPB. Owing from this, the client is requesting $75,000 in damages.
In addition , the Brokercheck for Issacson reports four customer dispute disclosures that ended in settlements. One of the settled customer dispute disclosures was filed on the allegations of unsuitable investment recommendations, and breach of fiduciary duty. This dispute was settled for $15,000.
Another Marshall Isaacson customer dispute was settled in June 2019. In this dispute, the client made similar allegations of negligence, breach of contract and fiduciary duty and misrepresentation in connection with alternative investments. The customer initially requested $60,000 in damages but the dispute was settled for $14,999.
In September 2016, a customer alleged unsuitability and agreed to a settlement of $92,000, and in March 2016 another customer alleged unauthorized trading and unsuitability and settled for $215,000.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.
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Securities Lawyer Investigating Potential Options on Behalf of Issacson Investors
The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and is currently investigating conduct related to Marshall Isaacson’s bar by FINRA for refusing to provide information and documents as requested in connection with an investigation against him and his customer dispute disclosures on the allegations of unsuitable investments and misrepresentation, among others.
The firm takes most cases of this type on a contingency fee basis and advances the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.
Investors who believe they lost money as a result of conducts related Marshall Isaacson’s FINRA sanction and allegations in customer disputes may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.