David Allan Cohen, of Rockville, Maryland, a stockbroker formerly registered with Equitable Advisors, is identified in a customer initiated investment related written complaint on September 22, 2020, where the customer requested compensatory damages supported by accusations of unauthorized transactions, including loans against a customer’s insurance policy without their consent while Cohen was associated with Equitable Advisors.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Cohen has been identified in two additional customer initiated investment related disputes regarding allegations of his wrongdoing. On August 29, 2017, a customer initiated investment related arbitration claim involving Cohen’s activities was resolved for $8,500.00 in damages based upon accusations of Cohen’s unsuitable recommendations concerning an incentive life insurance policy when Cohen was registered with AXA Advisors LLC. FINRA Arbitration No. 17-00642.
Cohen is referenced in a customer initiated investment related arbitration claim which was settled for $34,250.00 in damages founded on allegations of unsuitable life insurance and annuity recommendations by Cohen at AXA Advisors. FINRA Arbitration No. 16-03755 (Feb. 20, 2018).
Cohen was registered with AXA Advisors between June 7, 2002, and December 20, 2017.
