Investors have reportedly disputed the sales practices of securities broker Scott David Coonrod [CRD: 4311374, Bend, Oregon], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Scott Coonrod worked for FSC Securities Corporation from October 6, 2017, to December 31, 2022. Keep reading to discover more about disclosures involving this securities broker.
Evidently, on April 21, 2023, an FSC Securities Corporation client filed FINRA Arbitration No. 23-01019 about Scott Coonrod. Mainly, the client alleged that Coonrod engaged in discretionary trading. For this reason, the client allegedly incurred damages in stocks. Therefore, the client requested $1,228,822 in compensation from FSC Securities Corporation or Coonrod. It appears that this arbitration is pending a resolution.
Specifically, a Morgan Stanley Co. client filed FINRA Arbitration No. 10-04710 about Scott Coonrod. Primarily, the client alleged that Coonrod overconcentrated accounts and made unsuitable recommendations. Because of this, the client allegedly sustained damages linked to stocks. As a result, on February 24, 2011, Morgan Stanley Co. settled this matter by paying the client $50,000 in damages.
Notably, a client of Morgan Stanley Co. Inc. disputed Coonrod’s sales practices by filing FINRA Arbitration No. 09-06743. Allegedly, Coonrod made unsuitable recommendations and failed to follow instructions. It appears that Coonrod allegedly caused the client to incur damages connected to stocks and variable annuities. Consequently, Morgan Stanley Co. Inc. opted to settle the matter on December 15, 2010, by paying the client $140,000.
Did you suffer any investment-related losses because of Scott Coonrod? If so, reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee arrangement and advances all costs. Coonrod and brokerage firms Coonrod worked for deny accusations of sales practice violations.
Soreide Law Group is investigating potential investor claims involving Blue Owl Capital Corporation (NYSE: OBDC), including whether brokers and financial advisors properly explained the risks surrounding this publicly traded business development company and its related private credit platform. OBDC invests primarily in loans to middle-market companies and is often marketed as an income-generating investment. However, […]
Investors potentially experienced sales practice violations by securities broker Mark Perry Kissinger [CRD: 4546631, Frisco, Texas], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Kissinger worked for NYLIFE Securities LLC since November 27, 2018, and Eagle Strategies LLC since March 15, 2023. Read on for a better understanding about the disclosures involving this […]
Investors have reportedly disputed the sales practices of securities broker Robert Steven Wilkinson [CRD: 1180321, Oakland, California], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wilkinson worked for Western International Securities Inc. from November 26, 2013, to June 5, 2025, and later registered with LPL Financial LLC beginning June 5, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com