Were you the victim of Avantax Investment Services, Inc. broker Brian Stephens (CRD# 2777382)? Stephens has been registered with Avantax Investment Services, Inc. in Baytown, Texas since 1996.
Stephens has been the subject of one customer complaint, according to his CRD report:
January 2021. “Clients alleged the representative placed unauthorized trades in their fee-based account.” The customer sought $351,000 in damages and the case was settled for $275,000. The complaint was regarding options.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Avantax Investment Services, Inc. may be liable for investment or other losses suffered by Stephens’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.