Ronald Birnbaum, Broker with Advisory Equity Services, Named in Four Customer Disputes Seeking Over $600K in Combined Damages

Birnbaum was accused of unsuitable investment recommendations, over-concentration, and failure to provide suitable due diligence.

The Sonn Law Group is investigating allegations that Ronald Birnbaum 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.

Ronald Birnbaum (CRD#: 2382580) is currently registered as a broker with Advisory Group Equity Services where he has been employed since 2001. Birnbaum is registered as an investment adviser with Trust Advisory Group, where he has been employed since 2002. 

Birnbaum has six disclosures on his BrokerCheck report.

May 2020 Customer Dispute

• Status: Pending
• Allegations: Failure to provide suitable due diligence, over concentration, suitability
• Damage Amount Requested: $200,000.00

April 2020 Customer Dispute

• Status: Pending
• Allegations: Failure to provide suitable due diligence, over concentration, suitability
• Damage Amount Requested: $75,000.00

March 2020 Customer Dispute

• Status: Pending
• Allegations: Failure to provide suitable due diligence, over concentration, suitability
• Damage Amount Requested: $200,000.00

March 2017 Customer Dispute

• Status: Pending
• Allegations: In 2009 [REDACTED] invested in a private placement corporate bond. The reinsurer went bankrupt in the financial crisis.
• Damage Amount Requested: $141,850.00

March 2016 Customer Dispute

• Status: Settled
• Allegations: Unsuitable investments, lack of supervision, breach of fiduciary responsibility 
• Damage Amount Requested: $50,000.00
• Broker Comment: The case was settled without admitting or denying any wrong doing. 

January 2013 Customer Dispute

• Status: Settled
• Allegations: Unsuitable investment
• Settlement Amount: $45,000.00

Contact Us Today

The Sonn Law Group is currently investigating allegations that Ronald Birnbaum 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. For a free consultation, please call us now at 866-827-3202 or complete our contact form.