Marshall Isaacson (CRD #: 1140370), a previously registered broker with Newbridge Securities Corporation, has been barred by FINRA, according to his BrokerCheck record, accessed on September 23, 2020. In addition to this regulatory action, Mr. Isaacson has racked up several investor disputes, a civil judgement, and two tax liens.
On July 20, 2020, Mr. Isaacson entered into an Acceptance, Waiver and Consent agreement (AWC) with FINRA, in which he consented to the findings that he refused to provide documents and information requested by FINRA in connection with its investigation into whether he made unsuitable investment recommendations. FINRA imposed a sanction of an indefinite bar. You can see a copy of the AWC here.
Pending Investor Disputes
On January 10, 2020, a client alleged that Mr. Isaacson made unsuitable investment recommendations and misrepresented certain investments. The client is seeking $100,000; the dispute is pending.
Settled Investor Disputes
On May 3, 2019, a client alleged that Mr. Isaacson made unsuitable investment recommendations. The dispute settled for $11,125.
On April 26, 2019, a client alleged that Marshall Isaacson made unsuitable investment recommendations and breached his fiduciary duty. The client sought damages of $60,000; the dispute settled for $14,999.
On September 7, 2016, a client alleged that Mr. Isaacson made unsuitable investment recommendations. The client sought $150,000; the dispute settled for $92,000.
On March 11, 2016, a client alleged that Marshall Isaacson executed unauthorized trades and made unsuitable investment recommendations. The client requested $300,000; the dispute settled for $215,000.
Judgements & Liens
- Marshall Isaacson has multiple tax liens that total over $70,000.
Exams and Work History
Marshall Isaacson has passed the Series 65 Uniform Investment Adviser Law Examination, the Series 63, Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, and the Series 7 General Securities Representative Examination.
During his 35 years in the securities industry, Marhsall Isaacson has worked at the following firms:
- Newbridge Securities Corporation (CRD #: 104065)
- National Securities Corporation (CRD #: 7569)
- Ladenburg Thalmann & Co. Inc. (CRD #: 505)
- Oppenheimer & Co. Inc. (CRD #: 249)
- Ryan Beck & Co. (CRD #: 3248)
- Gruntal & Co. LLC (CRD #: 372)
- Janney Montgomery Scott LLC (CRD #: 463)
- Prudential Securities Inc. (CRD #: 7471)
- Smith Barney, Inc. (CRD #: 7059)
- Lehman Brothers Inc. (CRD #: 7506)
- Painewebber Inc. (CRD #: 8174)
- J.B. Hanauer & Co. (CRD #: 6958)
If Marshall Isaacson was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email email@example.com for your free case consultation with a securities attorney.