Robert Scott Ginsberg (also known as Bob Scott Ginsberg) of Wallingford Connecticut a stockbroker currently registered with Woodbury Financial Services Inc. is the subject of a customer initiated investment related arbitration claim in which the customer sought $500,000.00 in damages based upon accusations that the customer had been placed into unsuitable business development companies (BDC) and real estate investment trust (REIT) products during the time that Ginsberg was employed by Cetera Advisors LLC and Investors Capital Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-00557 (Feb. 21, 2019).
FINRA Public Disclosure reveals that Ginsberg is referenced in two additional customer initiated investment related disputes that concern allegations of his violative conduct during the period in which he was associated with Woodbury Financial Services, Cetera Advisors and Investors Capital Corp. Specifically, on December 7, 2017, a customer filed an investment related complaint concerning Ginsberg’s activities where the customer requested unspecified damages founded on accusations that inappropriate non-traded real estate investment trust products were sold to the customer which caused the customer to experience unspecified losses.
Another customer filed an investment related arbitration claim involving Ginsberg’s conduct in which the customer sought $1,000,000.00 in damages supported by allegations that when Ginsberg was associated with Woodbury Financial Services Inc. and Cetera Advisors, the customer had been placed into real estate investment trust products and oil and gas securities that were speculative, aggressive and wholly unsuitable for the customer given the customer’s investment objectives, needs or overall circumstances. FINRA Arbitration No. 18-00118 (Jan. 17, 2018).
Ginsberg has been employed by Woodbury Financial Services Inc. since September 20, 2016.
