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Investor Alleges Max Sulzberger Failed to Execute Liquidation and Transfer Orders

Jun 3, 2022 Investor Disputes

Max Sulzberger (CRD #: 4723028), a broker registered with Edward Jones, allegedly failed to execute a client’s orders, according to his BrokerCheck record, accessed on May 28, 2022. Read on if you have questions about Max Sulzberger’s conduct as a broker.

Alleged Failure to Execute

On February 22, 2022, an investor filed a dispute alleging Max Sulzberger failed to execute multiple orders, starting with liquidation orders given in January 2020. The investor alleges Max  Sulzberger liquidated the accounts months later without authorization.

The investor further alleges that he learned his accounts remained in cash in July 2020, and his request to be reinvested was not fulfilled until October. Lastly, the client alleges that Max Sulzberger failed to execute his request to transfer his accounts from the firm in late January/early February 2022.

The investor seeks $300,000 in damages in this pending dispute.

FINRA Rule 5310

FINRA Rule 5310 requires brokers to execute investors’ instructions in a timely manner, as well following those instructions correctly. Brokers must also conduct due diligence when searching for the best market for a trade.

Background Information

Max Sulzberger has passed the following exams:

  • Series 66 - Uniform Combined State Law Examination
  • SIE - Securities Industry Essentials Examination
  • Series 7 - General Securities Representative Examination

Max Sulzberger is a registered broker in 31 states and the District of Columbia. He is also a registered investment adviser in Illinois and Texas.

Kurta Law Can Help

If you worked with Max Sulzberger 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.