National investment loss lawyers KlaymanToskes is investigating broker Eric Felsenfeld (CRD# 4496689) formerly of Kingswood Capital Partners, and currently registered with Ameriprise Financial Services.
According to FINRA BrokerCheck, broker Eric Felsenfeld of Kingswood Capital Partners, and Ameriprise Financial Services, is currently facing several customer complaints alleging $141,400 in collective damages due to being recommended to invest in GWG L Bonds.
In April 2022, GWG Holdings, Inc. filed for bankruptcy, suspending their monthly dividends and leaving investors without access to their principal. Accordingly, it is in bondholders’ best legal interest to maximize their recovery of losses by filing FINRA arbitration claims against the brokerage firms and financial advisors who sold these unsuitable products, such as Kingswood Capital Partners.
Investors that suffered losses with broker Eric Felsenfeld are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Eric Felsenfeld, a stockbroker who formerly worked with Kingswood Capital Partners, is facing several customer complaints which allege $141,400 in collective investor damages. The complaints allege that the customers were recommended to invest in speculative and illiquid GWG L Bond investments. Broker Eric Felsenfeld was employed with Kingswood Capital Partners from June 2018 to November 2023 in Rockville, MD. Felsenfeld is currently registered as a broker and investment advisor with Ameriprise Financial Services.
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 Eric Felsenfeld, or have concerns regarding your investment portfolio at Kingswood Capital Partners, and/or Ameriprise Financial Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.