Scott N. Hananel, of Melville, New York, is subject to a pending customer dispute from March 17, 2016, in which the customer requested $150,000.00 in damages in connection with allegations against Hananel of breach of fiduciary duty, the unauthorized use of margin in the customer’s account, overconcentration in investments which were unsuitable, and the unauthorized trading in the customer’s account.
Public Disclosure Records show Hananel has also been subject to two prior customer disputes. Particularly, on July 1, 2002, Hananel settled a customer dispute for $52,000.00 after the customer alleged that Hananel engaged in the unauthorized trading of the customer’s account, and investments were not suitable. On February 9, 2009, Hananel settled a customer dispute for $150,000.00 after several customers alleged that Hananel made numerous misrepresentations to customers which led to the customers bearing investment losses.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
