David Phillip Brandt, of St. Louis, Missouri, a stockbroker currently registered with Oppenheimer Co. Inc., is identified in a customer initiated investment related written complaint on April 23, 2020, in which the customer requested $59,653.06 in damages supported by allegations that the risks of a variable annuity had not been disclosed by Brandt when he was registered with Oppenheimer.
Brandt has been identified in three more customer initiated investment related disputes concerning accusations of his harmful activities while he was employed by Oppenheimer and CIBC World Markets Corp. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that a customer filed an investment related complaint regarding Brandt’s conduct where they sought $40,000.00 in damages founded on allegations of unsuitable trading by Brandt at CIBC World Markets Corp. The complaint alleges that an inappropriate investment vehicle sold by Brandt resulted in damages.
Brandt is also the subject of a customer initiated investment related written complaint in which the customer requested compensatory damages based upon accusations of them not being made aware of the sale of an over-the-counter equity from their Oppenheimer account.
On May 11, 2017, another customer filed an investment related complaint concerning Brandt’s activities where they sought more than $5,000.00 in damages supported by allegations of them being improperly solicited for a risky master limited partnership investment while Brandt was employed by Oppenheimer.
Brandt has been registered with Oppenheimer as a stockbroker since January 3, 2003, and registered with Oppenheimer as an investment adviser representative since November 6, 2007.