Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on April 27, 2016 indicate that New York-based Hazard & Siegel broker Russell Grosjean is the subject of pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Mr. Grosjean (CRD# 1218349).
Russell Grosjean has spent 30 years in the securities industry and has been registered with Hazard & Siegel in Cheektowaga, New York since 2013. Previous registrations include Mid Atlantic Capital in Buffalo, New York (2011-2013); Wall Street Financial Group in Hamburg, New York (2007-2011); Securities America in Cheektowaga, New York (1996-2006); Diversified Investors Securities in Harrison, New York (1994-1996); Mony Securities in New York, New York (1991-1994); and H.C. Copeland & Associates Equities in Somerset, New Jersey (1984-1981). He is a registered broker with three US states: Florida, New York, and North Carolina.
According to his BrokerCheck report, Russell Grosjean is the subject of three pending customer complaints.
In 2014, a customer filed a complaint against Russell Grosjean, alleging that unspecified misconduct related to his employment at Wall Street Financial Group and Mid Atlantic Capital, was responsible for losses of their investment principal. The customer is seeking $231,240 in damages in the pending complaint.
In 2013, customers alleged that Russell Grosjean engaged in “a scheme to manipulate the effective dates of his association with Wall Street Financial Group and Mid Atlantic Capital,” and was “aware of catastrophic losses” related to an investment product that was not FINRA-supervised. The customers are seeking $250,000 in damages in the pending complaint.
In 2013, a customer alleged that Russell Grosjean, while employed at Wall Street Financial Group and Mid Atlantic Capital, was “involved in losses from an IRA investment that was being handled by other representatives in the same office” that sustained losses. The customer is seeking $225,000 in damages in the pending complaint.
If you have lost money investing with Russell Grosjean, you may be entitled to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. Fitapelli Kurta takes every case on a contingency basis, which means Fitapelli Kurta only gets paid if and when you collect money. By law there may be a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.