Investors potentially experienced sales practice violations due to securities broker Shane Appelbaum [CRD: 4772668, Boca Raton, Florida], based on disclosures on FINRA BrokerCheck. Specifically, Appelbaum has worked for Herbert J. Sims Co. Inc. since March 23, 2004, and also with Herbert J. Sims Capital Management Inc. since March 8, 2017. Read on to learn more about Appelbaum’s disclosures and the nature of these investor disputes.
Notably, on May 22, 2024, a Herbert J. Sims Co. Inc. client filed FINRA Arbitration No. 24-01117 about Shane Appelbaum. The client alleged that Appelbaum recommended private placements from 2010 to 2020 that unperformed. As a result, the client requested up to $3,000,000 in compensation from Herbert J. Sims Co. Inc. or Appelbaum. This arbitration is pending a resolution.
Particularly, a client of HJ Sims Inc. contested Shane Appelbaum’s sales practices, according to a complaint dated February 20, 2020. Allegedly, Appelbaum made unsuitable recommendations involving CDs. It appears that Appelbaum allegedly caused the client to sustain damages. For this reason, the client sought compensation from HJ Sims Inc. or Appelbaum in the amount of $86,864.90 in this matter. However, this matter closed without a resolution.
Are you concerned regarding investments you made with Shane Appelbaum? If so, contact Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer regarding recovering your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the USA. The firm also takes cases on a contingency fee basis and advances all costs. Appelbaum and brokerage firms Appelbaum worked for deny accusations referenced in public disclosures.
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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 […]
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