DID STEPHEN RUSSELL STANFORD CAUSE YOU INVESTMENT LOSSES?
Stephen Stanford Of Portsmouth Financial Services Has 2 Customer Complaints For Alleged Broker Misconduct
Who is Stephen Stanford of Portsmouth Financial Services?
Stephen Stanford (CRD #1686790) who is currently registered as a broker and investment adviser with Portsmouth Financial Services and located in San Francisco, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Portsmouth Financial Services, Stephen Stanford was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Stephen Stanford Customer Complaints
Stephen Stanford has been the subject of 2 customer complaints that we know about seeking to recover investment losses. His former employer’s PaineWebber and JC Bradford settled 1 customer complaint for $225,000 in favor of the investor for Stephen Stanford’s alleged misconduct. The other customer complaint was recently filed against Portsmouth Financial Services for the advisors at Legend misconduct and is still pending.
Allegations Against Stephen Stanford
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Unsuitable recommendations, misleading, investment advice, and failure to conduct due diligence related to GWG L. Bonds, and preferred stock transactions.
- Unauthorized trading.
Stephen Stanford Red Flags & Your Rights As An Investor
Of course, Stephen Stanford did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Stephen Stanford at Portsmouth Financial Services on alert to review carefully the activity and performance of their accounts and question whether Stephen Stanford has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Portsmouth Financial Services also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Portsmouth Financial Services Due To Stephen Stanford
If you have questions about Portsmouth Financial Services and/or Stephen Stanford and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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