Investors Complained About Edward Rosenblatt

Soreide Law Group is investigating possible investor claims against securities broker Edward Isaac Rosenblatt [CRD: 2658712, Newport Beach, California]. Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Cetera Advisor Networks LLC. Evidently, investors allege sales practice violations in these disputes, including breach of fiduciary duty and failure to supervise. Here is a brief summary of the disclosures about Rosenblatt.

Rosenblatt Discloses Breach Of Fiduciary Duty Allegations By Cetera Advisor Networks LLC Client

Notably, a client of Cetera Advisor Networks LLC contested Edward Rosenblatt’s sales practices by filing FINRA Arbitration: 23-01791 on June 21, 2023. Allegedly, Rosenblatt breached a fiduciary duty, breached a contract, and failed to supervise certain representatives. It appears that Rosenblatt caused the client to sustain damages on mutual funds. Therefore, the client seeks compensatory relief from Cetera Advisor Networks LLC or Rosenblatt in the amount of $200,000 in this ongoing matter.

Cetera Advisor Networks LLC Investor Accused Edward Rosenblatt Of Misrepresentation

Particularly, a Cetera Advisor Networks LLC client filed a complaint about Edward Rosenblatt. Namely, the client alleged that Rosenblatt made misrepresentations. Because of this, the client allegedly sustained damages on mutual funds. Therefore, on July 11, 2017, Cetera Advisor Networks LLC settled this matter by paying the client $33,777.58 in damages.

Rosenblatt Discloses Unauthorized Trading Allegations By Financial Network Investment Corporation Client

Also, a Financial Network Investment Corporation client filed FINRA Arbitration: 10-01383 about Edward Rosenblatt. Namely, the client alleged that Rosenblatt engaged in unauthorized trading and mismanaged investment accounts. Because of this, the client allegedly sustained damages on mutual funds. Therefore, on October 19, 2011, Financial Network Investment Corporation settled this matter by paying the client $14,999 in damages.

Financial Network Investment Corporation Investor Accused Edward Rosenblatt Of Misrepresentation

Evidently, on March 30, 2009, a Financial Network Investment Corporation client filed a complaint about Edward Rosenblatt. Namely, the client alleged that Rosenblatt made misrepresentations. Because of this, the client allegedly sustained damages on variable annuities. Therefore, the client requested $109,678.44 in compensation from Financial Network Investment Corporation or Rosenblatt. However, the securities firm and broker denied this complaint.

Rosenblatt Discloses Unsuitable Recommendations Allegations By Financial Network Investment Corporation Client

Specifically, a client of Financial Network Investment Corporation contested Edward Rosenblatt’s sales practices by filing NASD Arbitration: 04-04641. Allegedly, Rosenblatt made unsuitable recommendations. It appears that Rosenblatt caused the client to sustain damages on mutual funds. Therefore, Financial Network Investment Corporation opted to settle the matter on June 16, 2005, by compensating the client in the amount of $150,000.

Financial Network Investment Corporation Investor Accused Edward Rosenblatt Of Failure To Follow Instructions

Particularly, on December 1, 2001, a Financial Network Investment Corporation client filed a complaint about Edward Rosenblatt. Namely, the client alleged that Rosenblatt failed to follow instructions. Because of this, the client allegedly sustained damages on stocks. Therefore, the client requested $180,000 in compensation from Financial Network Investment Corporation or Rosenblatt. However, the securities firm and broker closed this complaint without resolution.

Employment Information

Edward Rosenblatt works for Cetera Advisor Networks LLC as a securities broker since September 1995 and June 2023.

Did Cetera Advisor Networks LLC Securities Broker Edward Rosenblatt Cause You To Experience Damages?

Have you experienced damages through Edward Rosenblatt? If so, contact Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, a firm that has recovered money for investors throughout the United States, represents clients on a contingency fee basis and advances all costs. Rosenblatt and brokerage firms Rosenblatt worked for deny any and all allegations of sales practice violations.