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What is David Lerner famous for?

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Anonymous

12y ago
Updated: 8/20/2019

David Lerner is known for his famous news radio commercials, "Take a tip from Poppy."

The investment securities firm he founded in 1976, David Lerner Associates, employs more than 250 people and was voted one of best places to work in New York.

In 2012 the firm was fined $2.3 million for charging unfair prices on municipal bonds and collaterized mortgage obligations with selected fines going to individual members of staff who broke financial regulations and charged excessive markups.

In April 2013 Eastern District of New York Opinion by Judge Matsumoto, the Apple REITs class action Defendants' Motion to Dismiss was granted. David Lerner Associates and the Apple REITs emerge victorious in this contentious and high-profile class action. (Forbes)

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Wiki User

12y ago

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