Robert Scott Ginsberg (also known as Bob Scott Ginsberg) of Wallingford Connecticut a stockbroker currently registered with Woodbury Financial Services Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon accusations of the stockbroker’s unsuitable recommendations during the time that he was associated with Woodbury Financial Services and Investors Capital Corp. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-02631 (Aug. 19, 2020). The claim alleges that the customer sustained losses on real estate securities, direct investments and variable annuity products.
FINRA Public Disclosure shows that Ginsberg has been identified in three more customer initiated investment related disputes containing allegations of his harmful conduct when he was registered with securities broker dealers including Cetera Advisors LLC, Investors Capital Corp and Woodbury Financial Services Inc. On December 7, 2017, a customer filed an investment related complaint regarding Ginsberg’s conduct where the customer sought unspecified compensatory damages founded on accusations of unsuitable non-traded real estate investment trust transactions when Ginsberg was associated with Woodbury Financial Services and Cetera Advisors.
On January 10, 2018, another customer filed an investment related FINRA securities arbitration claim regarding Ginsberg’s activities in which the customer requested $1,000,000.00 in damages supported by allegations that the customer had been placed into unsuitable real estate investment trusts and oil and gas securities. FINRA Arbitration No. 18-00118.
On January 15, 2021, a different customer initiated investment related FINRA securities arbitration claim pertaining to Ginsberg’s conduct was resolved for $150,000.00 in damages based upon accusations that unsuitable business development companies and REITs had been recommended to the customer because of Ginsberg, Cetera Advisors and Investors Capital Corp. FINRA Arbitration No. 19-00557.
Since September 20, 2016, Ginsberg has been registered with Woodbury Financial Services as a stockbroker and investment adviser representative.
