Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has initiated an active investigation into potential investment loss claims related to Osvaldo Delgado Jr. (also known as Ozzie Delgado, CRD #5709747), a stockbroker and financial advisor associated with Kovack Securities Inc. and Kovack Advisors, Inc. in Williston and Ft. Lauderdale, Florida. If you have suffered losses or believe your portfolio was mismanaged while working with Mr. Delgado, we are here to help you evaluate your options for recovery.
Our attorneys are former Wall Street defense counsel with over 95 years of combined securities law experience, a 98% success rate across hundreds of investor claims, and a strong track record of recovering client funds—over $520 million in total matters handled. As a firm awarded the Martindale-Hubbell AV Preeminent rating and named among the top 2% peer-reviewed securities litigators, we leverage our unique insider knowledge to fight aggressively for the rights of individual investors. Our “No recovery, no fee” policy means you pay no legal fees unless we achieve a recovery on your behalf.
Key Facts About Osvaldo Delgado Jr. of Kovack Securities Inc. (Williston, FL)
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| Advisor Name | Osvaldo Delgado Jr. (Ozzie Delgado) |
| CRD Number | 5709747 |
| Current Broker-Dealer | Kovack Securities Inc. |
| Investment Adviser Firm | Kovack Advisors, Inc. (since 2012) |
| Other Affiliations | Cross Oak Wealth |
| Primary Locations | Williston, FL Ft. Lauderdale, FL |
| Prior Employer | Signator Investors, Inc. (2009–2012) |
| Current Registrations | Series 7, 6, 66, SIE |
Why Are We Investigating Osvaldo Delgado Jr.?
Our firm is responding to concerns brought forward related to Osvaldo Delgado Jr.’s recommendation and sale of fixed annuities and other investment products while at Kovack Securities Inc. in Williston, FL. According to disclosed records, a customer complaint was lodged in November 2025 alleging that Mr. Delgado recommended a fixed annuity that was unsuitable and failed to perform as represented. This claim resulted in a $32,000 settlement in March 2026.
Questions frequently arise in these circumstances: Were suitability guidelines disregarded? Were the annuity’s penalties, restrictions, or actual performance clearly explained?
- Unsuitable recommendations: Failure to match investments to your risk tolerance, age, financial objectives, or liquidity needs.
- Lack of full disclosure: Not explaining surrender charges, illiquidity, or long holding requirements associated with annuities or complex products.
- Switching concerns: Inappropriate annuity switching for commissions rather than client benefit.
- Failure to supervise: Broker-dealer’s inadequate oversight of sales practices and recommendations.
Our attorneys review every aspect of the client-advisor relationship when investigating potentially unsuitable product recommendations. This includes all relevant FINRA BrokerCheck data, client documentation, and transactional records.
Comprehensive Review: Regulatory History and Customer Complaints
As of our latest investigation, FINRA’s BrokerCheck and public filings reveal:
- Registration: Licensed since 2004.
- No regulatory actions: No reported enforcement by FINRA, the SEC, or state regulators.
- No criminal, bankruptcy, or civil complaints: No disclosures beyond the 2025 customer complaint with a $32,000 settlement regarding an alleged unsuitable annuity recommendation.
- No pending class actions or litigation: Web and news media searches as of May 2026 show no new reported lawsuits or press coverage involving Mr. Delgado.
It is important to note that while Mr. Delgado’s record shows only one settled customer complaint from March 2026, even a single settlement for unsuitable recommendations can be a serious warning sign—especially with complex products like annuities. These products can involve significant surrender penalties or locked-in periods, and our attorneys have seen similar unsuitable sales tactics result in substantial investor losses Nationwide.
Understanding Suitability and Annuity Complaints
Brokers and investment advisers have a legal and regulatory obligation to recommend investments only after careful consideration of your investment goals, financial situation, risk profile, and liquidity needs. If an advisor recommends an unsuitable product—or fails to explain its risks, fees, or restrictions—and you suffer losses, you may have a valid claim for recovery through FINRA arbitration.
Common red flags include:
- Being steered into products that generate higher commissions for your advisor rather than meeting your goals
- Experiencing surprise surrender penalties or inability to access your funds when needed
- Receiving confusing or misleading explanations about investment features or performance expectations
How Our Firm Can Help You Recover Investment Losses
Our attorneys specialize exclusively in securities arbitration and investment loss recovery. We represent clients in claims involving:
- Unsuitable recommendations
- Misrepresentations and omission of material facts
- Failure to disclose fees and restrictions
- Negligence and breach of fiduciary duty
- Broker-dealer failure to supervise their registered representatives
Every claim is unique. Our former Wall Street defense attorneys apply their insider knowledge of brokerage operations to investigate your losses and pursue recovery from responsible parties. With hundreds of successful FINRA arbitration claims handled, consistent 5.0-star client reviews, and the Super Lawyers designation, we fight for your financial future—and you owe no attorney’s fees unless we obtain a recovery for you.
Take Action: Request a Free, Confidential Consultation
If you lost money working with Osvaldo Delgado Jr. of Kovack Securities Inc. in Williston or Ft. Lauderdale, Florida, act now to protect your rights. The sooner you obtain experienced counsel, the greater your opportunity to recover your funds.
Contact us today for a free, no-obligation review of your investment losses.
Call 1-888-885-7162 to speak with an experienced securities attorney, or submit your information through our secure website.
You may only have a limited window to pursue claims. Let our experienced, compassionate attorneys guide you through your options—and help you fight for the recovery you deserve.
