Ernest Mishne, Broker with Oppenheimer & Co., Named in Pending Complaint Seeking $440K

Mishne is accused of breach of fiduciary duty, unsuitable recommendations, and fraud.

The Sonn Law Group is investigating allegations that Ernest Mishne committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Ernest Mishne (CRD#: 2091091) is currently employed as a broker and investment adviser with Oppenheimer & Co., where he has been employed since 1995. Previously, Mishne was a broker for Cowen & Co. from 1990 to 1995.

Mishne has four disclosures on his BrokerCheck report.

January 2020 Customer Dispute

• Status: Pending
• Allegations: Claimant alleges claims for Breach of Fiduciary Duty, Breach of Duty to Provide Suitable Investment Advice, Fraud and Violation of FINRA Rules. From 2/1/2017 – 8/31/2019
• Damage Amount Requested: $440,000.00
• Broker Comment: I at all times conducted myself in an appropriate and professional manner. I deny all allegations of wrongdoing, and intend to vigorously defend myself against the unwarranted and unsubstantiated allegations.

July 2001 Customer Dispute

• Status: Award / Judgment
• Allegations: Excessive trading for 85 year old in nursing home. High level of trading at time of market turn down.
• Damage Amount Requested: $525,000.00
• Damages Granted: $275,000.00
• Broker Comment: This was part of occurrence #1094032.

March 2001 Customer Dispute

• Status: Award / Judgment
• Allegations: Failure to follow instructions.
• Damage Amount Requested: $750,000.00
• Damages Granted: $275,000.00
• Broker Comment: An appeal was filed on 9/12/02. This appeal was lost on 2/28/03.

March 1995 Employment Separation After Allegations

• Firm Name: Cowen & Corp
• Termination Type: Discharged
• Allegations: N/A free riding in a restricted account.
• Broker Comment: N/A allegation of free riding in a restricted account.

Contact Us Today

The Sonn Law Group is currently investigating allegations that Ernest Minshe committed misconduct. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. or a free consultation, please call us now at 866-827-3202 or complete our contact form.