David Jonathon Feigeles of Melville, New York, a stockbroker registered with Oppenheimer Co. Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $3,500,000.00 in damages based upon allegations that Feigeles breached his fiduciary duties, breached a contract, converted funds, was negligent, failed to supervise certain registered representatives, made unsuitable recommendations, churned accounts, and engaged in unauthorized trading in investments when Feigeles was associated with Oppenheimer Co. Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-01264 (June 8, 2022).
This is not the first time that Feigeles has been referenced in a customer initiated investment related dispute concerning Feigeles’ conduct in the securities industry. FINRA Public Disclosure shows that Feigeles is also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $2,225,000.00 in damages based upon allegations that Feigeles engaged in excessive and unsuitable trading and failed to supervise certain registered representatives in connection with the recommendation and sale of options during the time that Feigeles was associated with Oppenheimer Co. Inc. FINRA Arbitration No. 09-6333 (February 2, 2011).
Feigeles has been registered with Oppenheimer Co. Inc. as a stockbroker since January 3, 2003, and as an investment adviser representative since November 9, 2007.
