Gary Walter Isler of Lawrenceville, New Jersey, a stockbroker registered with David Lerner Associates Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $20,000.00 in damages based upon allegations that Isler made misrepresentations and omissions of material fact, breached his fiduciary duties to the customer, and made unsuitable recommendations of private placements during the time that Isler was associated with David Lerner Associates Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-01824 (October 27, 2022).
FINRA Public Disclosure shows that Isler is referenced in four other customer initiated investment related disputes concerning Isler’s conduct while associated with securities broker dealers, including David Lerner Associates Inc. On March 22, 2017, a customer initiated investment related FINRA securities arbitration claim involving Isler’s conduct resulted in the customer being awarded $20,179.74 in compensatory damages based upon allegations of misrepresentations of material fact and unsuitable recommendations in connection with the sale of Puerto Rico bonds. FINRA Arbitration No. 15-02855.
On September 13, 2017, a customer initiated investment related FINRA securities arbitration claim involving Isler’s conduct was settled for $20,000.00 in damages based upon allegations that Isler made omissions and misrepresentations of material fact and made unsuitable recommendations of real estate securities and municipal Bonds. FINRA Arbitration No. 16-02785.
Isler was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $15,862.50 in damages based upon allegations that Isler made unsuitable recommendations, made misrepresentations and omissions of material fact, and breached his fiduciary duties to the customer in connection with the sale of municipal bonds and real estate securities. FINRA Arbitration No. 18-00124 (April 9, 2019).
On December 6, 2021, another customer initiated investment related FINRA securities arbitration claim involving Isler’s conduct was settled for $40,000.00 in damages based upon allegations that Isler committed fraud, made unsuitable recommendations, and made misrepresentations of material fact in connection with the sale of mutual funds. FINRA Arbitration No. 20-03342.
Isler has been registered with David Lerner Associates Inc. since January 3, 1996.
