National investment loss lawyers KlaymanToskes is investigating broker David Loesch (CRD# 2380024) of NewEdge Securities.
According to FINRA BrokerCheck, broker David Loesch is currently involved in a customer complaint alleging $179,000 in damages. The customer alleges that the use of margin to purchase municipal bonds was not explained and should have been discontinued when interest rates began to rise in 2022.
Investors that suffered losses with broker David Loesch 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.
Financial advisor David Loesch of NewEdge Securities is currently involved in a customer dispute, according to Financial Industry Regulatory Authority (“FINRA”) records. The customer complaint alleges $179,000 in damages. The complaint further alleges that the use of margin to purchase municipal bonds was not explained and should have been discontinued when interest rates began to rise in 2022. Loesch is currently registered as a broker with NewEdge Securities in Katy, TX.
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:
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 David Loesch, or have concerns regarding your investment portfolio at NewEdge Securities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.