Were you the victim of Kestra Investment Services, LLC broker Steven Hein (CRD# 4433826)? Hein has been registered with Kestra Investment Services, LLC in Jupiter, Florida since 2007.
Hein has been the subject of two customer complaints between 2011 and 2020, one of which was closed without action, according to his CRD report:
December 2020. “Claimant alleges negligence, gross negligence, over-concentration, breach of fiduciary duty, breach of contract, material misrepresentations and omissions and failure to supervise relating to the sale of multiple alternative investments in 2015.” The customer is seeking $256,000 in damages and the case is currently pending. The complaint was regarding direct investments, real estate securities, and business development companies (BDCs).
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, Kestra Investment Services, LLC may be liable for investment or other losses suffered by Hein’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.