Israel Torres was a New York-based securities broker. He worked in the securities industry for eighteen years. During his career, he was registered with five different securities firms.
His registrations include; Millennium Securities Corp. (2000-2001), Berry-Shino Securities (2001-2004), Meyers Associates (2004-2016), Legend Securities (2016), and Craft Capital Management (2017-2018). He is no longer working as a registered securities broker in any fashion.
Israel Torres’ publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In July 2012, a customer alleged excessive trading and unnecessary margin trading. This case was settled for $75,000 in damages.
In June 2016, a customer alleged unsuitability, breach of fiduciary duty, fraud, misrepresentation, negligence, breach of contract, and more. This case went to arbitration where the customer was awarded $347,300 in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Israel Torres, please contact Oakes & Fosher for a free and private consultation.