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Stephen Schwartz Of Herbert J. Sims & Co Has 5 Customer Complaints For Alleged Broker Misconduct

Who is Stephen Schwartz of Herbert J. Sims & Co?

Stephen Schwartz (CRD #869346) who is currently registered with Herbert J. Sims & Co and located in Boca Raton, Florida is a subject of one of our many securities industry sales practice abuse investigations.

Stephen Schwartz Customer Complaints

Stephen Schwartz has been the subject of 5 customer complaints that we know about. One of Stephen Schwartz’s 5 customer complaints resulted in an arbitration award in favor of the investors. Four of Stephen Schwartz’s 5 customer complaints were settled in favor of investors.

Allegations Against Stephen Schwartz

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Stephen Schwartz’s alleged breach of fiduciary duty to recommend appropriate investment strategy to preserve principal, suitability violations.
  • Claimant is alleging unsuitability by Stephen Schwartz.
  • Clamant allege Stephen Schwartz’s over-concentration, unsuitability, lack of KYC.

Stephen Schwartz Red Flags & Your Rights As An Investor

Of course, Stephen Schwartz 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 Schwartz at Herbert J. Sims & Co on alert to review carefully the activity and performance of their accounts and question whether Stephen Schwartz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Herbert J. Sims & Co also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Herbert J. Sims & Co Due To Stephen Schwartz

If you have questions about Herbert J. Sims & Co and/or Stephen Schwartz 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.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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