There are options for clients who suffered investment losses due to recommendations by Charles Schwab & Co., Inc. broker Cenk Kozulcali (CRD# 4961795). Kozulcali has been registered with Charles Schwab & Co., Inc. in New York City, New York since 2018.
Kozulcali has been the subject of one customer complaint, according to his CRD report:
December 2020. “Client alleges that in March 2019, the representative referred the client to an independent, third party investment advisor and that the investment advisor employed investment strategies which were inconsistent with the client’s investment goals and objectives.” The customer is seeking $780,377.15 in damages and the case is currently pending. The complaint took place while Kozulcali was registered with Charles Schwab & Co., Inc. and 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, Charles Schwab & Co., Inc. may be liable for investment or other losses suffered by Kozulcali’s 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.