Soreide Law Group is investigating broker, MICHAEL JAMES BURKOFF (MICHAEL BURKE, MIKE BURKOFF) CRD#: 2751980, who is registered with  NATIONAL SECURITIES CORPORATION in New York since 2001.

According to FINRA’s BrokerCheck, which is available to the public on FINRA’s website, MICHAEL BURKOFF, has 5 Disclosures on his CRD report.  Of the 5 Disclosures, 4 are “Customer Disputes.” The significance of Burkoff’s FINRA Customer Disputes is underscored in FINRA NOTICE to MEMBERS 03-49. FINRA conducted a review of the CRD’s of all registered representatives, only .41% had been the subject of 3 or more customer complaints. In other words, Burkoff’s Customer Disputes rank him in the top one-hundredth percent of all registered representatives for customer complaints. 

There was a complaint settled in 2001 for $13,500.00, following allegations that, “The client alleged that the broker mishandled one transaction in his account resulting from a miscommunication with respect to the order to purchase the stock.”

The compliant in 2012 settled for $4,900.00 following allegations of, “Unauthorized trading.”

There was a Customer Dispute filed against MICHAEL BURKOFF in 2015 that was denied.

In December of 2019, a dispute was filed against Burkoff which is still pending, following allegations of, “Suitability, breach of fiduciary duty.”  The client is seeking $150,000.00.

MICHAEL BURKOFF has commented on his CRD report, denying the allegations.

Burkoff has been registered in the securities industry for 23 years and has been listed with 7 firms.  He is currently registered with the following firm since 11/28/2001:

NATIONAL SECURITIES CORPORATION

80 BROAD STREET 29TH FLOOR

NEW YORK, NY 10004

If you’ve suffered investment losses due to the actions or recommendations of broker, MICHAEL BURKOFF of NATIONAL SECURITIES CORPORATION, contact Soreide Law Group at 888-760-6552, and speak to a lawyer at no cost.  We represent clients nationwide before FINRA on a contingency fee basis—no fee to you if no recovery.