According to FINRA BrokerCheck, investors challenged the sales practices of securities broker Shaun Evan Stein (CRD#: 4873578, Jersey City, New Jersey). Evidently, Stein worked for JP Turner Company LLC and National Securities Corporation. The investment disputes reported on BrokerCheck concern his actions at those firms. Allegedly, Stein caused one or more of these investors to experience damages because of unsuitable or unauthorized transactions. Here’s more on the allegations against him.
Evidently, a client of National Securities Corp expressed concern in May 2020 about Shaun Stein's sales of over-the-counter equities, real estate securities, and private placements. Supposedly, Stein engaged in unsuitable trading of those products. For this reason, the client asked for $750,000 in compensation in this pending FINRA Arbitration Claim.
Notably, a second client of Shaun Stein at National Securities Corp took issue with his private placement recommendations or sales. Specifically, in this March 2020 dispute, the client asserted damages in connection with an unsuitable private placement purchase. Because of this, National Securities Corp opted to settle this matter by making a $25,000 payment to the client.
It appears that a client of JP Turner Company brought a 2015 lawsuit against Shaun Stein in a South Carolina court. Namely, Stein purportedly churned their account and made unsuitable trades. Also, the client alleged breach of fiduciary duty and breach of contract. Finally, JP Turner Company is accused of violations of unfair trade practices. Evidently, in February 2019, the client stopped pursuing this matter.
Moreover, a JP Turner Company client took aim at Shaun Stein’s stock trades. Supposedly, Stein made unauthorized transactions involving over-the-counter equities and stocks. However, JP Turner Company denied this complaint.
Apparently, securities broker Shaun Stein denies allegations of sales practice violations. Have you experienced investment losses by interacting with this broker? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a possible recovery. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered substantial compensation for US clients who have experienced losses from their securities brokers and financial advisors.
The private market, once the exclusive playground of institutional investors, has increasingly opened its doors to individual investors seeking a piece of the next unicorn. Funds like the Advanced Technology Select Funds - targeting high-profile private companies such as Flexport, Plaid, and Cybereason - are a prime example of this trend. While the prospect of […]
Soreide Law Group, PLLC At Soreide Law Group, we help investors, shareholders, and publicly traded companies navigate the complex federal rules governing the resale of restricted or control securities. Our attorneys understand that clearing restrictive legends and ensuring compliance with Rule 144 or other resale exemptions can be time-sensitive and critical to protecting shareholder rights. […]
FINRA barred securities broker Emma Marie McAuley [CRD: 7178199, Auburn, Washington], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, McAuley worked for Edward Jones from November 4, 2019, to March 19, 2024. Keep reading to learn more about McAuley’s disclosures. FINRA Sanctioned McAuley For Failure To Respond Notably, on January 21, 2025, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com