Ronald Rothchild is a New York-based securities broker. He has worked in the securities industry for fifteen years. During his career, he has been registered with four different securities firms.
His registrations include; David Lerner Associates (2002-2005), Wells Fargo Advisors (2005-2011), Raymond James Financial Services (2011-2016), and National Securities Corporation (2017-Present).
Ronald Rothchild’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In April 2016, a customer alleged unauthorized trading, unsuitable investments, and inappropriate assurances concerning the level of income the clients could expect as a return on investments. This case was settled for $132,000 in damages. Due to these allegations, Ronald Rothchild was terminated from his position at Raymond James Financial Services.
In December 2016, a customer alleged negligence, breach of fiduciary duty, breach of contract, material misrepresentations, and omissions. This case was settled for $48,000 in damages.
In March 2018, a customer alleged that Rothchild misrepresented investments to her. She also alleged that the investments were unsuitable due to her state investment objectives. She further alleged that her investment objectives and risk tolerance were inaccurately stated on new account paperwork. The alleged transgressions taking place between July 2011 and April 2016. This case was settled for $75,000 in damages.
In July 2018, a customer alleged breach of contract, negligence, unsuitability, and breach of fiduciary duty. This case is currently pending. The customer is seeking $100,000 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 Ronald Rothchild, please contact Oakes & Fosher for a free and private consultation.