Erez Law is currently investigating Oppenheimer & Co. Inc. broker Zachary Taylor (CRD# 6074776), who faces a customer complaint related to stock losses. He has been registered with Saxony Securities, Inc. and Saxony Capital Management, LLC in Newport Beach, California, since June 2023. Previously, he was registered with Oppenheimer & Co. Inc. in Newport Beach, California, from 2020 to 2023, when he was terminated regarding, “was unable to provide sufficient documentary evidence to support his contention that he had authority for all trades in a client’s account.” Prior to then, he was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Brea, California, from 2013 to 2020.
Zachary Taylor Taylor Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
April 2022. “Claimant alleges unauthorized trading, unsuitable investments, negligence, breach of fiduciary duty, breach of contract and lack of supervision relating to the conversion of his accounts from RIA accounts to brokerage accounts, options trading and the purchase and over concentration of ROKU stock. From 9/1/2020 – 10/7/2022.” The customer is seeking $417,667 in damages, and the case is currently pending. The complaint took place while he was registered with Oppenheimer & Co. Inc., and it was regarding common and preferred stocks, mutual funds, and options.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Oppenheimer & Co. Inc. may be liable for investment or other losses suffered by Zachary Taylor’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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