Steven Robert Luftschein (Steven Luftschein) – Customer Dispute Filed Alleging Sales Practice Violations Against Financial Advisor/Broker Steven Luftschein | Goodman & Nekvasil P.A., May Recover Investor Losses
Steven Robert Luftschein (Steven Luftschein) CRD #2690117
Steven Luftschein was previously licensed with Joseph Stone Capital L.L.C. and Aegis Capital Corp. According to Steven Luftschein’s BrokerCheck Report, five recent customer disputes have been filed alleging sales practice violations against Steven Luftschein.
Customer Dispute (5/11/2018): Allegations against Steven Luftschein are negligence, unauthorized trading, churning, unsuitability, breach of contract, and breach of fiduciary duty. This customer dispute settled for $132,500.
Customer Dispute (2/12/2018): Allegations against Steven Luftschein are unauthorized trading and unsuitable investment recommendations. This customer dispute settled for $569,962.38.
Customer Dispute (8/15/2017): Allegations against Steven Luftschein include unsuitable investment recommendations, unauthorized trading, and breach of fiduciary duty. This customer dispute settled for $800,000.
Customer Dispute (4/28/2017): Allegations against Steven Luftschein are unsuitable investment recommendations, unauthorized trading, excessive trading, misrepresentations and omissions, breach of contract, and breach of fiduciary duty. This customer dispute settled for $100,000.
Customer Dispute (6/3/2016): Allegations against Steven Luftschein are unsuitable recommendations and mishandled accounts. This customer dispute settled for $782,000.
According to Steven Luftschein’s BrokerCheck Report, eight other customer disputes alleging sales practice violations against Steven Luftschein have been settled. Two of these customer disputes settled for $275,000, each.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost any money on investments with Steven Luftschein, you may be able to recover your losses. If you lost money on investments with Steven Luftschein 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 Steven Luftschein’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 $180 million on behalf of victimized investors. If you lost money on investments with Steven Luftschein 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.
Some of the information in this blog post was obtained on 2/13/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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