Investors Accuse FMSbonds Of Bad Bond Advice
Zachary Evan Feinsilver of North Miami Florida a stockbroker registered with FMSbonds Inc. is the subject of a customer initiated investment related complaint on March 7, 2019 where the customer sought $33,000.00 in damages based upon accusations that the customer was poorly advised by Feinsilver regarding a municipal debt investment during the period in which he was associated with FMSbonds Inc.
Feinsilver is referenced in four more customer initiated investment related disputes containing allegations of his wrongdoing while associated with securities broker dealers including FMSbonds. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that a customer filed an investment related complaint involving Feinsilver’s conduct in which the customer requested $8,000.00 in damages based upon allegations of bad investment recommendations by Feinsilver which resulted in the customer’s losses on municipal debt products. According to the claim, Feinsilver inappropriately dissuaded the customer from purchasing other securities that the customer expressed an interest in.
On January 24, 2018, another customer filed an investment related complaint in reference to Feinsilver’s conduct where the customer sought $190,000.00 in damages based upon accusations of bad advice by Feinsilver regarding bonds which plummeted in value since purchase. On February 12, 2018, another customer filed an investment related complaint concerning Feinsilver’s activities where the customer sought $75,000.00 in damages founded on accusations that misrepresentations were made by Feinsilver which led to unsuitable purchases and sales of bonds for the FMSbonds customer’s account.
Feinsilver is also referenced in a customer initiated investment related arbitration claim which was settled for $50,000.00 in damages supported by allegations that transactions he executed in the FMSbonds customer’s account failed to be suitable and had caused the customer to incur losses on Puerto Rico municipal bonds. FINRA Arbitration No. 17-03209 (May 7, 2018).
Feinsilver has been registered with FMSbonds since December 8, 2005.