Erez Law is currently investigating Newbridge Securities Corporation broker Brian Roth (CRD# 4607595) who is accused of unsuitable investment recommendations. He has been registered with Newbridge Securities Corporation in Morristown, New Jersey since 2018.
In September 2018, FINRA suspended him after he “failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.” The suspension was lifted in early October 2018.
Brian Roth Customer Complaints
He has been the subject of four customer complaints between 2011 and 2022, according to his CRD report. The most recent complaints are regarding:
June 2022. “Suitability, Negligence, Fraud, Failure to Supervise, Violation FINRA Rule 2010, Breach of Contract.” The customer is seeking $1,500,000 in damages and the case is currently pending. The complaint was regarding alternative investments and took place while he was registered with Newbridge Securities Corporation.
April 2020. “Breach of fiduciary duty, violation of finra rules, breach of contract and negligence, negligent supervision.” The customer sought $400,000 in damages and the case was settled for $100,000. The complaint was regarding direct investment losses and it took place while he was registered with International Assets Advisory, LLC.
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, Newbridge Securities Corporation may be liable for investment or other losses suffered by Brian Roth’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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