ALAN COHEN is currently employed as a Broker and/or Investment Adviser at FIRST STANDARD FINANCIAL COMPANY LLC located at 21 E. Front Street, Suite 100, 200 & 220, Red Bank, NJ, 07701.
ALAN COHEN has worked at FIRST STANDARD FINANCIAL COMPANY LLC since June 01, 2016
Disclosure History
ALAN COHEN has 2 Disclosure Event(s).
Date: December 30, 2011 Category: Customer Dispute Allegations: CLIENT'S COUNSEL ALLEGES CLIENT WAS ADVISED TO INVEST IN STRUCTURED PRODUCT NOTES IN ORDER TO SAFEGUARD HER FUNDS. COUNSEL FURTHER ALLEGES THE NOTES WERE PITCHED TO THE CLIENT AS A SAFE INVESTMENT WITH POTENTIAL FOR A MODEST PROFIT AND NO RISK OF LOSING HER INVESTMENT. COUNSEL ALLEGES THE RISKS WERE NOT DISCLOSED AND SHE WAS FALSELY ASSURED THESE INVESTMENTS WERE IDEAL FOR CONSERVATIVE INVESTORS. TIME FRAME: AUGUST 6, 2008 - DECEMBER 30, 2011. Damage Amount Requested: $34,740.00 Settlement Amount: $17,370.00
Date: March 17, 2011 Category: Customer Dispute Allegations: CLAIMANTS ALLEGE THAT THEIR FINANCIAL ADVISOR FAILED TO ADVISE THEM OF THE RISK ASSOCIATED WITH INVESTMENTS IN STRUCTURED PRODUCTS. TIME PERIOD FEB-AUG 2008. Damage Amount Requested: $212,000.00 Settlement Amount: $106,440.00 Broker Comment: ON 12/30/2011, CLAIMANT, [CUSTOMER], WITHDREW FROM THE ARBITRATION AND FILED A SEPARATE CUSTOMER COMPLAINT.
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