David Feigeles (Oppenheimer) Facing Investor Disputes

Investors have come forward with complaints about securities broker David Jonathon Feigeles [CRD#: 1530561, Melville, NY]. Feigeles worked for Oppenheimer & Co. Inc. from 2003-Present and CIBC World Markets Corp from 2000-2003.

Evidently, the securities broker discloses Oppenheimer investor disputes on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Specifically, one or more Oppenheimer clients allege that Feigeles breached a contract, breached a fiduciary duty, acted negligently, churned the client's account, and made unauthorized transactions. For more on these disclosures about Feigeles, see below.

Oppenheimer Client Accuses David Feigeles Of Breach Of Fiduciary Duty

Evidently, on June 8, 2022, an Oppenheimer client filed FINRA Arbitration #: 22-01264 about David Feigeles. Specifically, the client alleged that Feigeles breached a contract, breached a fiduciary duty, acted negligently, churned the client's account, and made unauthorized transactions. Because of this, the client claims that they sustained damages. Therefore, the client requested $3,500,000 in compensation from Oppenheimer or Feigeles. Specifically, this arbitration is pending a resolution.

Oppenheimer Client Accuses Feigeles Of Excessive Transactions

Evidently, an Oppenheimer client filed FINRA Arbitration #: 09-6333 about David Feigeles. Specifically, the client alleged that Feigeles made unsuitable and excessive transactions and failed to supervise. For this reason, the client purportedly sustained damages pertaining to investments in options. Therefore, on February 2, 2011, Oppenheimer settled this matter by paying the client $2,225,000.

Damages Resulting From Oppenheimer Securities Broker David Feigeles?

Have you experienced damages by investing with David Feigeles? If the answer is yes, reach out to Soreide Law Group at (888) 760-6552 to talk with a securities lawyer about a possible recovery of your investment damages. Notably, Soreide Law Group has successfully recovered money for hundreds of investors in all 50 states. The firm represents clients through a contingency fee arrangement and advances all costs. Feigeles and brokerage firms Feigeles associated with deny all allegations against them.