National investment loss lawyers KlaymanToskes is investigating broker Edward Cohen (CRD# 4693017) of Truist Investment Services.
According to FINRA BrokerCheck, broker Edward Cohen of Truist Investment Services has been involved in a customer dispute which was settled in favor of the investor for $735,000. The complaint allegedly related to unsuitable recommendations to invest in a Guaranteed Investment Contract.
Investors that suffered losses with broker Edward Cohen 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.
Edward Cohen, a broker currently registered with Truist Investment Services, LLC, has reportedly been involved in a customer complaint. The complaint alleged that the customers were recommended to invest in a Guaranteed Investment Contract which was unsuitable. The complaint was settled in favor of the investor for $735,000. Cohen is registered as a broker with Truist Investment Services in Bal Harbour, FL.
According to the broker’s comment listed on the disclosure: “At the time of the sale this recommendation was suitable for the client. However, to avoid the uncertainty and expense of litigation, the firm without admitting to the allegations or liability thereof, settled the matter with the customer. The registered representative is not responsible for any portion of the settlement.”
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Edward Cohen. 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 Edward Cohen, or have concerns regarding your investment portfolio at Truist Investment Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.