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RANDY BIRKINBINE of Ausdal Financial Subject of COMPLAINTS

Israels & Neuman, PLC — Tue, 28 May 2024 16:00:13 GMT

Advisor Randy Birkinbine, with Ausdal Financial Partners, Subject of Customer Complaints

NORTH OAKS, MINNESOTA Have you lost money investing with Randy Birkinbine of Ausdal Financial Partners in North Oaks, Minnesota? According to Brokercheck, Ausdal Financial Partners has been named as a party in three cases filed in 2024, and Mr. Birkinbine was the subject of those complaints. It was alleged that he made unsuitable investment recommendations in GWG, as well as oil and gas investments, REITs (real estate investment trusts), and UITs (unit investment trusts).

Randy Birkinbine has been affiliated with Ausdal Financial Partners from June 2011 to the present. He worked in a North Oaks, Minnesota office. In addition to the three customer complaints mentioned above, he has been the subject of five other customer complaints since 2013, and has also had five tax liens since 2009.

FINRA Rule 2111 discusses suitability: advisors must make suitable investment recommendations to customers in accordance with the investors’ risk tolerance, investment objectives, net worth, age, and other factors. If the advisor violates Rule 2111, the advisor and/or the brokerage firm can be liable for investor losses.

Israels & Neuman PLC handles a number of cases in FINRA arbitration. We have previously represented numerous investors in Minnesota and the Twin City area.

View BrokerCheck report HERE.

If you lost money with Randy Birkinbine or Ausdal Financial Partners, please Contact Us at 720-599-3505 for a free evaluation of your case.

ABBE WOLLINS of David Lerner Associates is SUSPENDED

Israels & Neuman, PLC — Thu, 22 Jun 2023 15:45:34 GMT

Abbe Wollins, Formerly of David Lerner Associates, Suspended by FINRA

BOCA RATON, FLORIDA

Did you invest in oil and gas investments with financial advisor Abbe Wollins, formerly with David Lerner Associates in Boca Raton, Florida? Our law firm is looking into claims made by FINRA against Abbe Wollins. FINRA has suspended Wollins from the securities industry for three months and fined him $5,000.

According to FINRA’s Letter of Acceptance, Waiver, and Consent (AWC), Wollins allegedly recommended that three of his customers invest in a limited partnership that was formed to acquire oil and gas properties. FINRA alleged that Wollins did not have a reasonable basis to recommend these investments and therefore violated Rule 2111. In addition to the fine, Wollins was also ordered to disgorge $2,448 in commissions from the oil and gas sales.

Abbe J. Wollins worked with David Lerner Associates from 2007 to July 2021. Wollins worked in Boca Raton and Coral Springs, Florida.

Israels & Neuman is an investment fraud law firm that represents clients throughout the U.S., including investors in Florida. We also have previously represented over one thousand investors against dozens of securities brokerage firms around the country, including against David Lerner Associates.

View Wollins, a FINRA AWC

View Wollins, a BrokerCheck 6.22.23

If you lost money with Abbe Wollins or David Lerner Associates, please Contact Us at 206-795-5798 for a free evaluation of your case.

Investigation of JOSHUA HELMLE of Integrity Brokerage

Israels & Neuman, PLC — Wed, 06 Oct 2021 17:35:33 GMT

MONTEREY PARK, CALIFORNIA Have you lost money with financial advisor Joshua Helmle, formerly with Integrity Brokerage Services in Monterey Park, California? We are looking into allegations made against Joshua Helmle. Helmle has been the subject of two customer complaints, one of which was made within the last year. The complaint alleges losses in private placements and limited partnerships.

Joshua Helmle was with Integrity Brokerage Services from 2002 to December 2020. He has worked at branch offices in Monterey Park, California. Helmle was also terminated by Integrity Brokerage Services and he was also barred by FINRA in 2020.

Brokerage firms like Integrity Brokerage Services have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in California. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

Click to view Helmle BrokerCheck Report

If you lost money with Joshua Helmle or Integrity Brokerage Services, contact the law firm of ISRAELS & NEUMAN at (720) 599-3505 or (206) 795-5798 for a Free evaluation of your case.