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Securities Law Firm Mark A. Tepper P.A. Investigating Alleged Claims against Oppenheimer & Co. for recommending FAZ and other non-traditional ETFs to elderly customers


The Mark A. Tepper securities law firm is currently investigating alleged claims against Oppenheimer & Co. and other brokerage firms for selling non-traditional ETFs such as leveraged, inverse, or inverse-leveraged exchange-traded funds (ETFs) to elderly customers. FINRA recently sanctioned Oppenheimer & Co. $2.9 Million for unsuitable sales of Non-Traditional ETFs and related supervisory failures.

Did your broker recommend Direxion Financial Bear 3x (NASDAQ: FAZ), Direxion Small Cap Bear 3x (NASDAQ: TZA), Direxion Financial Bull 3x (NASDAQ: FAS), Proshares VIX Short term (NASDAQ: VIXY) or options on VIXY?

If your broker recommended leveraged, inverse or inverse-leveraged ETFs, you may be eligible to recover your FAZ, TZA, FAS, or VIXY losses. Are you looking for an attorney to sue your broker to recover your losses for recommending FAZ, TZA, FAS, or VIXY? We are accepting clients with FAZ, TZA, FAS, or VIXY losses.

How Investors May Recover FAZ, TZA, FAS, or VIXY losses

Investors, whose brokers unsuitably recommended non-traditional ETFs such as leveraged, inverse or inverse-leveraged exchange-traded funds (ETFs) like FAZ, TZA, FAS, or VIXY, may be eligible to file claims for recovery against their broker.

Did your broker explain the risk of loss in these or other non-traditional ETFs?
Did your broker recommend too high a concentration of these or other ETFs in your accounts?

If the answer is “yes” you may have a claim against your broker to recover losses you sustained.

For a free case evaluation from the law firm of Mark A. Tepper P.A., email attorney Mark A. Tepper at askmark@marktepper.comor telephone 954-961-0096.

About Mark A. Tepper, P.A. (www.MarkTepper.com)               

Attorney Mark A. Tepper is the former Chief Trial Counsel at the New York Attorney General’s Bureau of Investor Protection and Securities. He has earned the reputation of “Investor Advocate” while practicing law for over 35 years representing individual investors. FINRA arbitrators have upheld stockbroker fraud claims filed by Mr. Tepper against many brokerage firms. A member of the Florida, New York and California Bars, Mr. Tepper is peer-reviewed for 15 consecutive years, AV PREEMINENT® for ethical standards and legal ability, the highest rating of lawyers in the Martindale-Hubbell Law Directory.

Mark Hopkinson  NewsMark Public Relations
561-852-5767  mhopkinson@newsmarkpr.com