Shaun Stein, Broker with National Securities Corp., Facing Customer Disputes Alleging Unsuitable Investments

Stein has two pending customer disputes seeking $850k in damages, collectively.

The Sonn Law Group is investigating allegations that Shaun Stein recommended unsuitable investments. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Shaun Stein (CRD: 4873578) is registered as a broker with National Securities Corporation in Jersey City, New Jersey, where he has been employed since 2014. Previously, Stein was registered with Meyers Associates in April 2014. The firm has since been expelled by FINRA.

Stein has five disclosures on his BrokerCheck report.

May 2020 Customer Dispute

• Status: Pending
• Allegations: Suitability
• Damage Amount Requested: $750,000.00
• Broker Comment: Client claims are false and completely baseless. These accusations will be vigorously defended to the fullest potential.

March 2020 Customer Dispute

• Status: Pending
• Allegations: Suitability
• Damage Amount Requested: $100,000.00

July 2015 Customer Dispute

• Status: Closed-No Action
• Allegations: Churning and mishandling of account
• Damage Amount Requested: $60,000.00
• Broker Comment: Case originally filed in State court. State Court of South Carolina case #2014-CP-23-03463 on 6/23/2014. On 9/18/2014 a motion was filed and granted to compel arbitration for this case. Arbitration is currently pending.

July 2015 Customer Dispute

• Status: Pending
• Allegations: Churning and mishandling of account
• Damage Amount Requested: $60,000.00

March 2012 Customer Dispute

• Status: Denied
• Allegations: Unauthorized transactions
• Broker Comment: All allegations are false and completely baseless. All transactions done in [customer’s] account were authorized and corroborated by phone records.

Contact Us Today

The Sonn Law Group is currently investigating allegations that Shaun Stein recommended unsuitable investments. 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.