National investment loss lawyers KlaymanToskes is investigating Seth Stewart (CRD# 5467292) of Brookstone Financial and Center Street Securities in connection with the filing of three pending customer complaints alleging $191,000 in collective investor damages due to unsuitable investment recommendations.
Investors that suffered losses with Seth Stewart may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman, Esq., for a free consultation to discuss recovery options at 888-997-9956 or lawrence@klaymantoskes.com. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, Seth Barnes Stewart has been hit with six customer complaints, three of which are currently pending. One pending customer complaint alleges $100,000 in damages due to unsuitable and illiquid investment recommendations. A second and third customer complaint allege $50,000 and $41,000 in damages respectively, resulting from unsuitable investment recommendations.
In addition, Stewart has one customer complaint which was settled in favor of the investor and alleged unsuitable investment recommendations. Two other customers that filed complaints against Stewart were awarded $135,000 and $35,000 respectively, by FINRA arbitration panels.
If you suffered losses with Seth Stewart at Brookstone Financial or Center Street Securities, contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or lawrence@klaymantoskes.com for a free and confidential consultation to discuss your potential case.
Financial advisors and their firms have a fiduciary duty to recommend suitable investments that are in their customers’ best interests. Brokers/advisors must consider an investment’s risk, ensure that they do not misrepresent material facts, and/or overconcentrate the customer’s portfolio in unsuitable investments. Further, financial professionals and their firms cannot disregard a customer’s risk-tolerance or make unsuitable investment recommendations.
The violations discussed above each provide a basis for liability in a FINRA arbitration claim. To learn more about additional securities violations, see our account activity violations page. FINRA arbitration is a more cost-effective process for investors, often occurring with increased speed and efficiency over a court proceeding.
Former and current customers of Seth Stewart who suffered investment losses are encouraged to contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or lawrence@klaymantoskes.com to discuss our investigation and recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com