Marc Scott Steinberg of Boca Raton Florida a stockbroker registered with Dawson James Securities Inc. is the subject of a customer initiated investment related complaint on April 26, 2018 in which the customer requested $39,796.42 in damages supported by accusations that stock trades effected in the customer’s account failed to be suitable for the customer.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Steinberg is referenced in four more customer initiated investment related disputes which pertain to allegations of Steinberg’s violative conduct while employed with National Securities Corporation, Gilford Securities and Joseph Stevens Company Inc. A customer initiated investment related complaint concerning Steinberg’s conduct was settled for $16,406.83 in damages founded on accusations that the customer’s investment instructions failed to be followed in reference to the liquidation of securities from the customer’s investment portfolio.
An additional customer filed an investment related complaint involving Steinberg’s activities where the customer sought $20,000.00 in damages based upon allegations that during the period in which Steinberg was employed by Gilford Securities, the customer had been provided bad investment recommendations concerning over-the-counter equities; and the customer’s investment instructions were disregarded.
Steinberg is also subject of a customer initiated investment related arbitration claim in which the customer had been awarded $7,300.00 in damages based upon Steinberg being found liable on the customer’s claims of Steinberg’s negligence, misrepresentation of Black Diamond Funds, unsuitable sales of Black Diamond Funds, and violation of his fiduciary duty to the customer while Steinberg was registered with National Securities Corporation. On November 3, 2016, a customer filed an investment related complaint regarding Steinberg’s conduct where the customer requested $16,833.18 in damages supported by accusations of unsuitable equities having been selected for the customer’s account when Steinberg was associated with Dawson James.
Steinberg’s employment with Dawson James Securities Inc. has been terminated since June 2, 2016. Since June 1, 2016, Steinberg has been associated with Westpark Capital Inc.
