There are options for clients of Fidelity Brokerage Services LLC broker Eric Diamond (CRD# 1602991) who lost money due to investments in mutual funds. He has been registered with Fidelity Brokerage Services LLC in Ft. Lauderdale, Florida, since 2007.
Eric Diamond Customer Complaints
He has been the subject of three customer complaints between 2008 and 2023, one of which was denied and one was closed without action, according to his CRD report. The most recent complaint was regarding:
August 2023. “This institutional customer, an SEC-registered public company, contends that the representative did not disclose that fixed income mutual funds could lose principal and that its investments in several fixed income mutual funds were unsuitable because they were subject to potential principal loss.” The customer is seeking $25 million in damages, and the case is currently pending.
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, Fidelity Brokerage Services LLC may be liable for investment or other losses suffered by Eric Diamond’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.
"*" indicates required fields
