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Broker Misconduct Investigation: Leonard Hirsh (Osaic Wealth)

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Updated on: August 7, 2024

National investment loss lawyers KlaymanToskes is investigating broker Leonard Hirsh (CRD# 4216156) of Osaic Wealth, Inc. and Signature Estate Securities after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $600,000 in investor damages due to option trading strategies (collar and call writing) that are alleged to have been inappropriate and to have resulted in losses, notwithstanding the fact that any loss was offset by gain elsewhere in the client’s portfolio.

According to FINRA BrokerCheck, broker Leonard Hirsh a/k/a Leonard Frederick Hirsh was previously registered with Osaic Wealth, Inc. from November 2018 to July 2023 in Redondo Beach, CA. Hirsh is currently registered with Signature Estate Securities and SEIA in Los Angeles, CA and Redondo Beach, CA.

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

Investment Losses with Broker Leonard Hirsh?

Investment Losses with Broker Leonard Hirsh?

Contact KlaymanToskes

Current Information That You Should Know as an Investor:

KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations. 

The article linked below contain important information relating to the complaint against broker Leonard Hirsh:

If you suffered losses with broker Leonard Hirsh, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.

The firm has helped recover over $600 million (exclusive of attorneys fees and costs) for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.

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 broker Leonard Hirsh. 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

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.

According to FINRA and the SEC, brokerage firms such as Osaic Wealth, Inc. and Signature Estate Securities are responsible for the supervision of all of the activities of their registered financial advisors. Investors may be entitled to a financial recovery if their firm failed to supervise the representative managing their account, and/or if their financial advisor made unsuitable investment recommendations.

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 Leonard Hirsh, or have concerns regarding your investment portfolio at Osaic Wealth, Inc. and/or Signature Estate Securities, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss your recovery options.