Erez Law is currently investigating former Great Point Capital LLC broker Scott Madura (CRD# 2395213) regarding real estate security losses. He has been registered with Quincy Wells Capital, LLC in Chicago, Illinois, since 2026. He was registered with Great Point Capital LLC in Chicago, Illinois, from 2023 to 2026, Titan Securities in Plano, Texas, from 2021 to 2023, and Harris Investor Services, Inc. in Chicago, Illinois, from 2008 to 2010, when he was terminated regarding, “following a customer report that the registered representative (RR)/employee was discharged for suspicion of soliciting the customer to make an investment not authorized by the firm and outside the scope of the RR /employee’s employment in contravention of firm’s written supervisory procedures.”
Scott Madura Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
May 2026. “Claimants allege unsuitable and negligent alternative investment recommendation by Respondent Great Point Capital, acting through its registered representative Scott W. Madura. The alternative investment was purchased on August 5th, 2024. The allegations include a failure to conduct due diligence, unsuitable recommendations, deceptive business practices act, breach of contract, common law fraud, breach of fiduciary duty, violation of Michigan Uniform Securities Act/Michigan Consumer Protection Act, negligence and gross negligence.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was regarding real estate security losses. The complaint took place while he was registered with Great Point Capital LLC.
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, Great Point Capital LLC may be liable for investment or other losses suffered by Scott Madura’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. f 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.
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