Roderick Rodriguez (also known as Roderick Rodriquez), of Bronx, New York, a stockbroker registered with Essex National Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $14,999.00 in damages based upon allegations that Rodriguez overconcentrated accounts in real estate securities when Rodriguez was associated with Essex National Securities LLC. FINRA Arbitration No. 23-00750 (June 15, 2023).
FINRA Public Disclosure shows that Rodriguez is referenced in four other customer initiated investment related disputes concerning Rodriguez’s conduct while associated with securities broker dealers. On May 4, 2020, a customer filed an investment related complaint involving Rodriguez’s conduct in which the customer requested $35,000.00 in damages based upon allegations that Rodriguez recommended illiquid real estate securities during the time that Rodriguez was associated with Essex National Securities LLC. The securities broker dealer denied this complaint.
On September 16, 2020, another customer filed an investment related complaint involving Rodriguez’s conduct in which the customer requested $71,233.71 in damages based upon allegations that Rodriguez made omissions of material fact about liquidity of real estate securities. This complaint was denied by the securities broker dealer.
Rodriguez is also referenced in a customer initiated investment related complaint filed on September 16, 2020, in which the customer requested $157,760.89 in damages based upon allegations that Rodriguez made omissions of material fact in connection with the sale of REITs. The securities broker dealer denied this complaint.
On December 7, 2021, a customer initiated investment related FINRA securities arbitration claim involving Rodriguez’s conduct was settled for $55,000.00 in damages based upon allegations that Rodriguez made unsuitable recommendations of real estate securities when Rodriguez was associated with Essex National Securities LLC. FINRA Arbitration No. 20-03409.
Rodriguez was associated with Essex National Securities LLC as a stockbroker from February 16, 2010, to July 1, 2016. He has been associated with Infinex Investments Inc. (who acquired Essex National Securities LLC) as a stockbroker since July 1, 2016, and as an investment advisor representative since September 29, 2020.
