Joseph Ismael Rodriguez of Parsippany New Jersey a stockbroker currently employed by Hennion Walsh Inc. has been identified in a customer initiated investment related arbitration claim where the customer sought $300,000.00 in damages founded on accusations that the customer was provided with defective investment advice regarding investments including unit investment trusts and mutual funds between 2015 and 2018 during which time Rodriguez was employed by Hennion Walsh. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-01662 (July 12, 2019).
FINRA Public Disclosure indicates that Rodriguez is the subject of three more customer initiated investment related disputes pertaining to allegations of his bad business practices while employed by securities broker dealers including Hennion Walsh. On December 20, 2018, a customer initiated investment related arbitration claim pertaining to Rodriguez’s conduct was settled for $7,500.00 in damages supported by allegations that municipal bond purchases facilitated in the customer’s Hennion Walsh account by Rodriguez failed to be suitable for the customer’s non-discretionary account. FINRA Arbitration No. 17-01397.
On February 6, 2019, another customer initiated investment related arbitration claim regarding Rodriguez was resolved for $47,500.00 in damages based upon accusations that the Hennion Walsh customer was placed into bad municipal debt investments by Rodriguez between 2013 and 2017 resulting in unwarranted losses for the customer’s account. FINRA Arbitration No. 17-03108. Rodriguez is also referenced in a customer initiated investment related arbitration claim which was settled for $9,000.00 in damages based upon allegations that Rodriguez provided poor investment advice to the customer when he was associated with Hennion Walsh. FINRA Arbitration No. 18-01082 (July 3, 2019).
Rodriguez has been registered with Hennion Walsh since August 26, 1998.
