Michael David Ainbinder (CRD#1882557)

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Michael David Ainbinder (CRD#1882557) regarding allegations made regarding the following:

Claim(s) Made Against Michael David Ainbinder:

Claim Date: 3/2/2023

“The SOC alleges that Claimants were convinced to invest in NYIAX by Robert and Michael Ainbinder. All the Claimant were their friends. The SOC further alleges that at the time of the investments Robert and Michael were both working at WestPark and on the board of directors of NIYAX. The investments were also considered unsuitable. Claimants allege Fraud, Misrepresentation and Omission, Breach of Fiduciary Duty, Breach of Contract, Breach of the duty of good faith and fair dealing, Failure to supervise, Negligent hiring and retention, Unsuitability and Negligence.”

This claim, as of this posting, is currently Pending with a claim amount of $1,227,500.00 .

See more information on FINRA’s BrokerCheck site for Michael David Ainbinder.

Were you a customer of Michael David Ainbinder?

If you are a former client of Michael David Ainbinder, and have encountered any issues or problems, the Securities Lawyers at Halling & Cayo, S.C. want to speak with you about the possibility of pursuing a claim. Brokerage firms have a duty to oversee all of their registered representatives, including Michael David Ainbinder, and ensure that they follow all securities regulations, rules, and internal policies. If a brokerage firm fails in this duty, it may be held accountable for investment losses sustained by customers due to a lack of supervision.

The Securities Lawyers have recovered millions of dollars for investors across the United States and are currently investigating the possibility of representing individual or group investors who have suffered losses. If you were a customer of Michael David Ainbinder and suffered investment losses, please contact the Securities Lawyers. We will only receive payment if we are able to recover your money, and you may be eligible for financial compensation. It’s important to note that there may be time limits or statutes of limitations that apply to your claim, so it’s crucial to speak with an attorney as soon as possible.


Contact The Securities Lawyers

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Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.