Financial Advisor Benjamin Louder, Jr. (MSI Financial Services, Inc.) Customer Complaints

Benjamin Louder, Jr. (CRD # 3014106) was a Financial Advisor at MSI Financial Services, Inc. in Charlotte, NC.  Benjamin Louder has been in the securities industry since 1998 and previously worked at Metropolitan Life Insurance company and Jeffrson Pilot Securities Corporation.

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in October 2019, Benjamin Louder was barred by FINRA for refusing to “appear for on-the-record testimony requested by FINRA during the course of an investigation that began after it learned of investor-related civil lawsuits disclosed in amended Form U5s submitted by his former member firm.  The findings stated that the civil lawsuits alleged unfair and deceptive trade practices and state securities fraud regarding investments in fictitious entities.”

For a copy of the FINRA sanction, click https://www.finra.org/sites/default/files/fda_documents/2017054137001%20Benjamin%20B.%20Lowder%2C%20Jr.%20CRD%203014106%20%20AWC%20va.pdf.

In addition, Benjamin Louder has been the subject of seven customer complaints during his career, including the following:

For a copy of Benjamin Louder’s CRD, click https://brokercheck.finra.org/individual/summary/3014106#disclosuresSection.

Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients.  To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.  

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis.  Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities.  Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.  We can be reached at 800.931.8452 or by email at mwolper@wolperlawfirm.com.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]