Investor Alleges David Goldstein Made Misrepresentations

David Goldstein (CRD #: 1718066), a broker registered with Osaic Wealth, allegedly made misrepresentations of material fact, according to his BrokerCheck record, accessed on May 18, 2025. Investors may have also engaged his services through WealthPlan Partners. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Disputes

On January 5, 2023, an investor filed a dispute alleging that David Goldstein recommended unsuitable investments and made misrepresentations and omissions of material fact. This dispute was settled for $76,273.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must examine the information in the investor’s profile, including their age, risk tolerance, and tax status.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, and other fraudulent means of influencing investors’ decisions. The misrepresentation or omission of information violates this rule.

Background Information

David Goldstein has passed the following exams:

• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 24 – General Securities Principal Examination

David Goldstein is a registered broker in nine states and a registered investment adviser in California.

He has also worked for the following firms:

• Securities America (CRD#:10205)
• Western International Securities (CRD#:39262)
• United Advisors (CRD#:133668)
• GunnAllen Financial (CRD#:17609)
• Linsco/Private Ledger Corporation (CRD#:6413)
• Sutro & Company (CRD#:801)
• Municicorp of California (CRD#:7184)

Kurta Law Can Help

If you worked with David Goldstein and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.