Eugene Henry Freund of New York New York a stockbroker formerly employed by RBC Capital Markets LLC is referenced in a customer initiated investment related arbitration claim which was settled for $157,500.00 in damages founded on allegations that bad municipal debt investment transactions were executed in the customer’s account during the time Freund was associated with RBC Capital Markets LLC. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-00155 (Feb. 25, 2019).
FINRA Public Disclosure confirms that Freund is referenced in two more customer initiated investment related disputes pertaining to accusations of Freund’s violative conduct during the time that he was associated with Tucker Anthony Incorporated and RBC Capital Markets LLC. Specifically, a customer filed an investment related complaint concerning Freund’s activities where the customer sought $28,836.92 in damages based upon allegations that Freund failed to inform the customer about the risks pertaining to the common or preferred stocks traded in the customer’s account while Freund was associated with Tucker Anthony Incorporated.
Moreover, Freund is the subject of a customer initiated investment related arbitration claim in which the customer requested unspecified damages supported by accusations that between 2001 and 2017: (1) the customer’s assets were excessively concentrated by Freund in bond positions (2) unsuitable options trades had been effected by Freund in the customer’s account and (3) excessive trades were placed by Freund in the customer’s account causing the customer losses. FINRA Arbitration No. 18-02401 (July 2, 2018).
Freund’s registration with RBC Capital Markets LLC has been terminated as of October 27, 2016. Freund was associated with Empire Asset Management Company between October 14, 2016 and January 3, 2017. From January 26, 2017 to May 12, 2017, Freund was associated with Oppenheimer Co. Inc.
