Kenneth A. Rubin of Danbury Connecticut a stockbroker formerly registered with Oppenheimer Co. Inc. is referenced in a customer initiated investment related arbitration claim which was resolved for $12,500.00 in damages founded on accusations that Rubin made unsuitable options recommendations to the customer. FINRA Arbitration No. 16-03278 (Apr. 19, 2017).
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Rubin has been identified in three additional customer initiated investment related disputes containing allegations of Rubin’s misconduct while employed with Oppenheimer Co. Inc. In particular, on July 23, 2013, a customer initiated investment related complaint concerning Rubin’s activities was settled for $13,000.00 in damages based upon accusations that inappropriate options strategies were executed in the customer’s account.
Then, on September 27, 2013, a customer filed an investment related complaint regarding Rubin’s activities in which the customer requested $45,000.00 in damages supported by allegations that options investments were not suitable for the customer. Further, on June 23, 2014, a customer filed an investment related complaint involving Rubin’s conduct where the customer sought damages estimated to exceed $5,000.00 in damages based upon accusations that contrary to the customer’s investment instructions and suitability profile, Rubin placed the customer in speculative options and over-the-counter equities investments.
Rubin was terminted by Oppenheimer Co. Inc. on April 5, 2016.
