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Securities Arbitration

Kurt Anthony Stein of New York, New York, a stockbroker formerly registered with National Securities Corporation, is the subject of a customer initiated investment related arbitration claim where the customer sought $300,000.00 in damages based upon accusations of unsuitable investment recommendations concerning non-traded Real Estate Investment Trusts or REITs while Stein was employed by National Securities Corporation. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-02872 (December 16, 2021).

Stein has been identified in two additional customer initiated investment related disputes concerning allegations of his wrongdoing while he was employed by a securities broker dealer. FINRA Public Disclosure shows that Stein is referenced in a customer initiated investment related arbitration claim which was settled for $128,250.00 in damages founded on accusations of Stein’s misrepresentation of information concerning collateralized debt obligations (CDOs) during the time that he was registered with Merrill Lynch Pierce Fenner Smith Incorporated.

On August 5, 2020, another customer initiated investment related arbitration claim involving Stein’s activities was resolved for $10,000.00 in damages supported by allegations of direct investments being misrepresented by Stein when he was associated with National Securities Corp. FINRA Arbitration No. 19-03502. The customer allegedly sustained damages on direct participation program (DPP) interests or limited partnership (LP) interests.

Stein was employed by Merrill Lynch between July 12, 2001, and March 16, 2018, National Securities Corporation between March 15, 2018, and March 20, 2019, National Asset Management Inc. between March 19, 2018, and March 20, 2019, and Palladium Capital Advisors LLC between March 20, 2019, and October 16, 2019. He has been registered with Quint Capital Corporation as a stockbroker since September 27, 2019, and registered with Quint Capital Management as an investment adviser representative since July 26, 2019.