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Broker Misconduct Investigation: Dave Lorber (Newbridge Securities)

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Updated on: February 10, 2025

National investment loss lawyers KlaymanToskes is investigating broker Dave Lorber of Newbridge Securities (CRD# 2313582).

According to FINRA BrokerCheck, Dave Lorber, a former broker at Newbridge Securities Corporation, is currently involved in a customer complaint alleging $90,000 in investor damages due to breach of fiduciary duty, negligence, and negligent supervision. 

Investors that suffered losses with broker Dave Lorber are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investment Losses with Broker Dave Lorber?

Investment Losses with Broker Dave Lorber?

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Ex-Newbridge Broker Dave Lorber Facing Customer Complaint

Dave Lorber, who used to work as a broker with Newbridge Securities, is facing a pending customer complaint which alleges $90,000 in investor damages. The complaint alleges breach of fiduciary duty, negligence, and negligent supervision. Lorber was registered as a financial advisor with Newbridge Securities from January 2020 to February 2023 in Boca Raton, FL.

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Dave Lorber, or have concerns regarding your investment portfolio at Newbridge Securities, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.