Seth Barnes Stewart of Jeffersonville, Indiana, a stockbroker registered with Center Street Securities Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $130,000.00 in damages based upon allegations that Stewart made unsuitable investment recommendations of alternative investments when Stewart was associated with Center Street Securities Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-00118 (January 25, 2023).
FINRA Public Disclosure shows that Stewart is referenced in three other customer initiated investment related disputes concerning Stewart’s conduct while associated with securities broker dealers, including Center Street Securities Inc. On October 27, 2021, a customer initiated investment related FINRA securities arbitration claim involving Stewart’s conduct was settled for $35,000.00 in damages based upon allegations that Stewart made unsuitable recommendations of alternative investments. FINRA Arbitration No. 20-00577.
On June 23, 2022, a customer filed an investment related FINRA securities arbitration claim involving Stewart’s conduct in which the customer requested $99,999.00 in damages based upon allegations that Stewart made unsuitable recommendations of alternative investments. FINRA Arbitration No. 22-01354.
Stewart is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $238,000.00 in damages based upon allegations that Stewart made unsuitable recommendations of alternative investments. FINRA Arbitration No. 22-01151 (August 8, 2022).
Stewart’s registration with Center Street Securities Inc. was terminated on November 18, 2020.
