There are options for customers who suffered investment losses due to unsuitable investment recommendations by former Center Street Securities, Inc. broker Seth Stewart (CRD# 5467292). He was registered with Center Street Securities, Inc. in Jeffersonville, Indiana from 2012 to November 2020.
Seth Stewart Customer Complaints
He has been the subject of three customer complaints between 2019 and 2022, according to his CRD report:
January 2022. “Unsuitable, illiquid, high risk.” The customer is seeking $400,000 in damages.
February 2020. “unsuitable.” The customer is seeking $200,000 in damages and the case is currently pending. The complaint took place while he was registered with Center Street Securities, Inc. and was regarding alternative investments.
December 2019. “did not know investments were illiquid.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint took place while he was registered with Center Street Securities, Inc. and was regarding alternative investments.
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, Center Street Securities, Inc may be liable for investment or other losses suffered by Seth Stewart’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.