Bruce Richard Cooke of Broomall Pennsylvania a stockbroker formerly employed by Citizens Securities Inc. is referenced in a customer initiated investment related written complaint on November 9, 2017 where the customer sought damages estimated to exceed $5,000.00 founded on accusations that (1) Cooke made misleading representations to the customer regarding a fixed annuity investment (2) Cooke failed to make required disclosures to the customer in regard to the customer’s investments and (3) Cooke engaged in fraudulent activities which resulted in the customer having been financially exploited.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Cooke has been identified in three more customer initiated investment related disputes containing allegations of Cooke’s violative conduct during the time that he was associated with Linsco / Private Ledger Corp. and American Express Financial Advisors Inc. Specifically, a customer initiated investment related complaint regarding Cooke’s conduct was settled for $30,000.00 in damages based upon accusations that Cooke executed unauthorized stock trades in the customer’s account.

On January 23, 2002, a customer filed an investment related complaint involving Cooke’s activities in which the customer requested damages estimated to exceed $5,000.00 based upon allegations that equity trades effected in the customer’s account were not suitable for the customer. Thereafter, a customer initiated investment related arbitration claim concerning Cooke’s activities was resolved for $55,000.00 in damages supported by allegations that unsuitable stock and mutual fund recommendations had been made to the customer. National Association of Securities Dealers (NASD) Arbitration No. 03-1885 (Sept. 15, 2004).

Cooke’s registration with Citizens Securities Inc. has been terminated as of April 10, 2017. Since April 10, 2017, he has been registered with LPL Financial LLC.

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