Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 21, 2019 indicate that Florida-based Newbridge Securities broker/adviser Michael Greenfield has received several resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Greenfield (CRD# 5406611).
Michael Greenfield has spent 10 years in the securities industry and has been registered with Newbridge Securities Corporation in Boca Raton, Florida since 2017. Previous registrations include Oppenheimer & Company in Boca Raton, Florida (2013-2016); Morgan Stanley & Company in Boca Raton, Florida (2013); and The GMS Group in Boca Raton, Florida (2008-2013). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 23, 2009; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on February 6, 2008. He is a registered broker and investment adviser with seven US states and territories: California, Florida, Georgia, Maryland, Michigan, New York, and Texas.
According to his BrokerCheck report, he has received four customer complaints and two pending customer complaints.
In January 2019 a customer alleged he, while employed at Oppenheimer & Company and NYLife Distributors, acted negligently, breached contract, and breached his fiduciary duty in connection to investments in oil and gas limited partnerships. The customer is seeking $200,000 in damages in the pending complaint.
In 2017 a customer alleged he, while employed at Oppenheimer & Company, Morgan Stanley and The GMS Group, recommended unsuitable investments, committed fraud, breached contract, breached his fiduciary duty, misrepresented and omitted material facts, and failed to supervise and control in connection to investments in Puerto Rico bonds. The customer is seeking $147,334 in damages in the pending complaint.
In 2016 a customer alleged Michael Greenfield, while employed at Oppenheimer & Company, misrepresented material facts related to a mutual fund investment. The complaint settled in 2017 for $10,000.
In 2015 a customer alleged Michael Greenfield, while employed at The GMS Group, recommended unsuitable investments in structured notes and closed-end funds. The complaint settled for $15,000.
In 2014 a customer alleged he, while employed at Morgan Stanley Smith Barney, breached his fiduciary duty in connection to the recommendation of an unsuitable investment. The complaint settled for $35,000.
In 2013 a customer alleged he, while employed at Morgan Stanley Smith Barney, recommended unsuitable Puerto Rico bonds. The complaint settled for more than $5,900.
If you have complaints regarding Michael Greenfield, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.