Leslie Flaum faces two pending Financial Industry Regulatory Authority
(FINRA) arbitrations filed by customers alleging that he failed to meet
his supervisory obligations, resulting in the sale of unsuitable investments
According to FINRA, Flaum was registered with Oppenheimer & Company
based in Melville, New York from 1994 to 2017.
According to his FINRA BrokerCheck report, the disputes allegations range
in time from 2010 to 2016. One arbitration alleges that Flaum failed to
supervise a broker who sold unsuitable investments and churned the customer's
account. The amount of claimed damages is over $1 million. The other arbitration,
filed in In the March 2017, also alleges that Flaum failed to properly
supervise the sale of closed-end funds. The damages alleged in that case
are $2 million.
If you lost money investing with Leslie Flaum, our investment fraud lawyers
at Meyer Wilson are ready to help. Call us at one of our offices located
around the United States, or
let us know about the details of your case through our online form and set up a free consultation today.