fbpixel
888-840-1571

National Investment Fraud Lawyers

¿Perdió en bonos y fondos de Puerto Rico?

Center Street Securities, Inc Broker Seth Stewart Accused of Recommending Unsuitable Alternative Investments

Posted on Tuesday, June 16th, 2020 at 3:17 pm    

Center Street Securities

There are options for customers who suffered investment losses due to recommendations by Center Street Securities, Inc broker Seth Stewart (CRD# 5467292). Stewart has been registered with Center Street Securities, Inc. in Jeffersonville, Indiana since 2012.

Stewart has been the subject of two customer complaints between 2019 and 2020, according to his CRD report:

February 2020. “unsuitable.” The customer is seeking $200,000 in damages and the case is currently pending. The complaint took place while Stewart 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 Stewart 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 Stewart’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.