Alexander Lanzman Faces Excessive Fee Allegations From Oppenheimer Clients

Alexander Lanzman (CRD: 2878438), a securities broker in Brooklyn, New York, has faced client complaints involving alleged investment losses, according to BrokerCheck, a database maintained by the Financial Industry Regulatory Authority (FINRA). Lanzman has been registered with Oppenheimer Co. Inc. as a broker since January 3, 2003, and as a financial advisor since September 17, 2010. Read on for a closer look at the complaints about the securities broker.

Oppenheimer Clients Allege Excessive Fees, Disclosure Failures, And Securities Rule Violations

On July 24, 2026, Oppenheimer Co. Inc. clients filed FINRA Arbitration No. 26-01662 involving Alexander Lanzman. The investors alleged excessive fees, failures to disclose information about mutual fund purchases, annuity transactions, and hedge fund sales, and violations of FINRA and federal securities rules between 2013 and 2024. They claimed that this conduct caused losses. The investors sought $5,000,000 in compensation from Oppenheimer Co. Inc. or Lanzman. The arbitration remains pending. Lanzman denied the allegations and stated that he intended to defend himself against them.

CIBC Client Alleged Alexander Lanzman Made Unsuitable Recommendations And May Have Failed To Follow Instructions

A CIBC World Markets Corp. client challenged Lanzman’s sales practices in a complaint dated February 17, 2003. The client alleged that Lanzman made unsuitable recommendations and may have failed to follow instructions. For this reason, the client claimed to have suffered losses on stocks. The client sought approximately $37,000 in compensation from CIBC World Markets Corp. or Lanzman. The complaint was withdrawn on May 22, 2003.

CIBC World Markets Client Alleged Account Mismanagement And Unsuitable Recommendations

On August 7, 2001, a CIBC World Markets Corp. client filed a complaint about Alexander Lanzman. The client alleged that Lanzman mismanaged accounts held by the client and the client’s daughter and made unsuitable recommendations for both accounts. Because of this, the client claimed to have suffered losses on over-the-counter equities. The client sought $34,669.76 in compensatory damages and $20,000 in punitive damages from CIBC World Markets Corp. or Lanzman. The complaint was withdrawn on May 22, 2003. Lanzman disputed the complaint and stated that it lacked merit.

Concerned About Investment Losses Involving Alexander Lanzman?

Investors who believe they suffered losses because of Alexander Lanzman can contact Soreide Law Group online or at (888) 760-6552 to discuss potential recovery options with a securities attorney. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Lanzman and the brokerage firms where he has worked deny allegations of sales practice violations.