WARNING! Impending Investigation: LEE R. SOBEL and EQUINOX SECURITIES, INC.
Lee R. Sobel and Equinox Securities, Inc.
Have you lost money with financial advisor Lee Sobel of Redlands, California? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Lee R. Sobel. FINRA filed a regulatory complaint seeking to bar Sobel from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Sobel regarding sales of private placement investments in the Opportunity Drilling & Acquisition Fund, LLC (or “ODAF”), which is purported to be an investment in oil and gas.
Lee Sobel was a financial advisor and registered representative of Equinox Securities, Inc. from March 2013 to August 2013. He worked at a branch office in Redlands, California.
Brokerage firms like Equinox Securities 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 and the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including LPL Financial, Merrill Lynch, Morgan Stanley, Smith Barney, Stifel Nicolaus & Company, UBS Financial Services, Oppenheimer, Charles Schwab, Wells Fargo Advisors, Ameriprise Financial Services, Raymond Lee, ProEquities, Securities America, National Securities Corp., and many others.
If you lost money with Lee Sobel or Equinox Securities, please Contact Us at 720-599-3505 for a free evaluation of your case.
Click to view: Sobel FINRA Comp
Click to view: Sobel BrokerCheck 7.24.15