Dusty Lynn Sternadel, Formerly of Ameriprise Financial Services, Barred by FINRA Following Failure to Respond to Appear for Testimony

INVESTORS: Former Ameriprise Financial Services broker Dusty Lynn Sternadel was barred by FINRA following a failure to appear or on-the-record testimony.

Dusty Lynn Sternadel (CRD: 5872600) was registered as a broker with Ameriprise Financial Services, where she was employed from 2018 until 2022. Sternadel was previously registered as a broker with Morgan Stanley from 2015 until 2019.

Sternadel has five disclosures on her BrokerCheck report. One customer dispute filed against Sternadel was denied.

September 2022 Customer Dispute

Status: Pending

Allegations: The client alleged the advisor misappropriated funds in her account without her authorization.

Damage Amount Requested: $10,000.00

September 2022 Regulatory Judgment

Status: Final

Initiated By: FINRA

Allegations: Without admitting or denying the findings, Sternadel consented to the sanction and to the entry of findings that she refused to appear for on-the-record testimony and produce the information and documents requested by FINRA in connection with its investigation into the circumstances giving rise to a Form U5 filed by her member firm. The findings stated that the Form U5 disclosed that the firm had terminated Sternadel for violation of company policies related to misappropriation of client funds.

Resolution: Acceptance, Waiver & Consent (AWC)

Bar: Bar (Permanent)

Registration Capacities Affected: All Capacities

Duration: Indefinite

Start Date: 9/9/2022

September 2022 Customer Dispute

Status: Pending

Allegations: The client alleged the advisor misappropriated funds in his account without his authorization.

Damage Amount Requested: $400,000.00

July 2022 Employment Separation After Allegations

Firm Name: Ameriprise Financial Services, LLC

Termination Type: Discharged

Allegations: The registered representative was terminated for violation of company policies related to misappropriation of client funds.

The Sonn Law Group is currently investigating allegations surrounding Dusty Lynn Sternadel. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.