Gerald Lee Brodsky of New York New York a stockbroker formerly registered with Dinosaur Financial Group LLC is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $800,000.00 in damages based on accusations that the customer was placed into Concord Group Holdings through a private placement offering and that Concorde Group Holdings was a Ponzi scheme. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-03565 (Oct. 24, 2020).
FINRA Public Disclosure additionally shows that Brodsky has been barred from associating with any FINRA member in any capacity founded on findings that he was uncooperative with the regulator during the period that he was investigated for possible outside business activities while associated with John W. Loofbourrow Associates Inc. Letter of Acceptance Waiver and Consent No. 2019061086302 (Aug. 29, 2019).
According to the AWC, Brodsky was asked by FINRA personnel to provide them with information and documents as part of an investigation into Brodsky. The regulator sought information that would clarify whether Brodsky violated company policy and FINRA rules on outside business activities. Brodsky furnished some information to FINRA by June 14, 2019. When prompted for the remaining information, Brodsky’s legal counsel informed FINRA that Brodsky would not continue to cooperate. Brodsky violated FINRA Rules 2010 and 8210
