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Oppenheimer’s Gregory Iglow Faces Capital Trust Bond Complaint
An investor complaint against Los Angeles financial advisor Gregory Iglow (CRD# 2783963) alleges six-figure damages stemming from an investment in Capital Trust Agency Florida Senior Living bonds. Financial Industry Regulatory Authority records show that he is currently a broker and an investment advisor with Oppenheimer & Company.
Mr. Iglow’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in March 2023, alleges that as a representative of Oppenheimer & Company, he acted negligently, made unsuitable investment recommendations, violated California securities law as well as FINRA rules and federal securities law, breached contract, and made misrepresentations and omissions regarding investments in Capital Trust Agency Florida Senior Living bonds in 2019 and 2020. The pending complaint alleges damages of $231,826.
An earlier investor complaint, filed in 2009, alleged misrepresentations and omissions regarding auction rate securities. In 2011 the complaint reached a settlement of $3,164,250.
A third complaint, filed in 2009, alleged he made a “misleading and unsuitable” investment recommendation while at RBC Capital Markets. The complaint resulted in an award to the customer of $15,406.
According to the Financial Industry Regulatory Authority, Gregory Iglow holds 26 years of securities industry experience. Based in Los Angeles, California, he has been a broker and an investment advisor with Oppenheimer & Company since 2007. His past registrations include RBC Dain Rauscher (Beverly Hills, California; 2003-2007), Prudential Securities (Los Angeles, California; 2000-2003), and ML Stern & Company (Beverly Hills, California; 1997-2000). His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He currently holds 29 state licenses. (Information current as of May 7, 2023.)
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