Vintage bond certificate

Steven John Szmak, of Flemington, New Jersey, is the subject of a customer initiated investment related arbitration claim on July 21, 2015, in which the customer requested $51,596.00 in damages based upon allegations that Szmak made unsuitable investment recommendations to the customer about corporate debt investments effected in the customer’s account.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Szmak has been identified in two more customer initiated investment related disputes pertaining to allegations of his misconduct while he was associated with Prudential Securities Incorporated and Wachovia Securities, LLC. In particular, on April 1, 1992, a customer initiated investment related written complaint involving Szmak’s conduct was settled for $10,000.00 in damages, wherein the customer’s claim was supported by allegations against Szmak of suitability and misrepresentation in reference to the customer’s limited partnership interest.

Subsequently, on December 1, 2008, a customer filed an investment related written complaint regarding Szmak’s activities, in which the customer requested $15,684.29 in damages based upon allegations that Szmak failed to timely execute upon the customer’s mutual fund liquidation instructions.

Szmak has been registered with Morgan Stanley since September 20, 2013.

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.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com