Former Baton Rouge, Louisiana-based LPL Financial broker Patrick Coogan (CRD# 4576580) has been barred by the Financial Industry Regulatory Authority...Read More
Ronald Rothchild: Complaints Against Melville, NY Financial Advisor
Investor complaints against Melville, New York broker and investment advisor Ronald Rothchild (CRD#: 4491932) allege conduct including negligence, unsuitable recommendations, misrepresentations, and more. Rothchild is a representative of National Securities Corporation, according to information drawn from Financial Industry Regulatory Authority records.
A 2018 complaint alleged that as a representative of Raymond James Financial Services, Ronald Rothchild breached contract, acted negligently, made unsuitable investment recommendations, and over-concentrated investments. The complaint reached a settlement in 2019 of $65,000.
A 2018 complaint alleged that as a representative of Raymond James Financial Services, Ronald Rothchild misrepresented material facts regarding investments, recommended unsuitable investments, and incorrectly recorded her investment objectives and risk tolerance on her account paperwork. The complaint reached a settlement of $75,000.
A 2016 complaint alleged that as a representative of Raymond James Financial Services, Ronald Rothchild breached his fiduciary duty, acted negligently, breached contract, misrepresented and omitted material facts, and failed in his supervisory duties. The firm settled the complaint for $48,000.
A 2016 complaint alleged that as a representative of Raymond James Financial Services, he engaged in unauthorized trading, purchased unsuitable investments, and made inappropriate assurances. The complaint reached a settlement of $132,000.
Ronald Rothchild’s disclosure records also list one employment separation: specifically, his 2016 discharge from Raymond James Financial Services over allegations he engaged in unauthorized trading, recommended unsuitable investments, and made inappropriate assurances to clients.
Ronald Rothchild is currently registered with National Securities Corporation in Melville, New York, where he has been registered since 2017. His employment history includes Raymond James Financial Services in Garden City, New York; Wells Fargo Advisors in Great Neck, New York; and David Lerner Associates in Syosset, New York. He currently holds four state licenses and has passed four securities industry qualification examinations.