ZACHARY EVAN FEINSILVER is currently employed as a Broker and/or Investment Adviser at FMSBONDS, INC. located at 20660 WEST DIXIE HWAY, NORTH MIAMI BEACH, FL, 33180.
ZACHARY EVAN FEINSILVER has worked at FMSBONDS, INC. since December 08, 2005
Disclosure History
ZACHARY EVAN FEINSILVER has 3 Disclosure Event(s).
Date: February 12, 2018 Category: Customer Dispute Allegations: Misrepresented certain aspects of bonds causing him to buy and sell bonds that were not suitable. Damage Amount Requested: $75,000.00 Broker Comment: customer complaint is baseless and without merit. Customer seeks to blame his broker for transactions that he knowingly made and directed 2014 and now wants to undo.
Date: December 07, 2017 Category: Customer Dispute Allegations: Unsuitable investments in Puerto Rico municipal bonds. Damage Amount Requested: $100,000.00 Settlement Amount: $50,000.00 Broker Comment: The firm has read the statement of claim and denies the allegation it contains.5-7-2018We have asserted numerous affirmative defenses in the above case and, denied all claims asserted. However, a cost -benefit analysis dictated that a settlement was the most economical course of action for our firm. Therefore to avoid further legal expense, and without admitting any fault or liability, we chose to amicably resolve this issue. As a result, all claims against the firm and the broker of record were withdrawn with prejudice by the claimant.
Date: February 08, 2011 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT HIS BROKER, MR. FEINSILVER, GAVE HIM A "FAULTY OR FALSE" RECOMMENDATION CAUSING HIM TO SUFFER LOSSES WHEN HE SOLD THE BOND. HE ALLEGES THAT HE REALLY WANTED TO BUY ANOTHER SECURITY, A "NYC G.O.", BUT WAS ADVISED AGAINST THAT DECISION BY MR. FEINSILVER. Damage Amount Requested: $8,000.00 Broker Comment: [CUSTOMER'S] CLAIM IS BASELESS AND WITHOUT MERIT. HE WAS OFFERED SEVERAL DIFFERENT MUNICIPAL BONDS THAT WOULD PROVIDE TAX FREE INCOME FOR A RESIDENT OF NEW YORK, INCLUDING "NYC G.O." BONDS. HE DID NOT CHOOSE TO BUY THEM. [CUSTOMER] SOLD THE BOND IN QUESTION WITHOUT OUR KNOWLEDGE OR RECOMMENDATION, AFTER HOLDING THE SECURITY FOR ONLY FOUR MONTHS AND HE NOW LOOKS TO RECOUP HIS MARKET LOSSES FROM FMSBONDS. TO FURTHER ILLUSTRATE OUR POSITION, THE HUDSON YARDS BONDS IN QUESTION HAVE OUTPERFORMED THE "NYC G.O." BONDS WHICH HE ALLEGES HE "REQUESTED" TO BUY. FMSBONDS WILL SEEK TO VIGOROUSLY DEFEND ITSELF FOR ANY AND ALL CLAIMS ARISING FROM THESE UNFOUNDED ALLEGATIONS.
More Information
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