Avi Schottenstein – Customer Dispute Filed Alleging Sales Practice Violations Against Financial Advisor/Broker Avi Schottenstein| Recover Losses
Avi Schottenstein a/k/a Avi Elliot Schottenstein was a previously licensed broker with JP Morgan Securities.
According to Avi Schottenstein’s BrokerCheck Report, a customer dispute was filed alleging sales practice violations against Avi Schottenstein.
Customer Dispute 7/24/19: Schottenstein was named in a customer complaint that asserted the following causes of action: constructive fraud/abuse of fiduciary duty; fraudulent misrepresentations and omissions; and violation of Chapter 415, Fla. Statutes. The causes of action relate to the allegedly unauthorized purchase and/or sale of various securities in Claimants’ account, including, but not limited to, multiple auto-callable structured notes and various other securities for which Respondent J.P. Morgan Securities, LLC was a market maker, as well as initial public offerings (IPOs) and follow-on offerings (FPOs). The damage amount requested is $69,185,860.00.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost any money on investments with Avi Schottenstein, you may be able to recover your losses. If you lost money on investments with Avi Schottenstein and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Avi Schottenstein’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Goodman & Nekvasil, P.A. has recovered more than $200 million on behalf of victimized investors. If you lost money on investments with AviSchottenstein and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.