Steven Paul Reznik of Tallahassee Florida a stockbroker formerly registered with Raymond James Financial Services is referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $100,000.00 in damages based on allegations that the customer was sold unsuitable equities by Reznik while he was associated with Raymond James Financial Services. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-04150 (Feb. 24, 2021).
FINRA Public Disclosure shows that Reznik has been identified in twenty five more customer initiated investment related disputes regarding accusations of his wrongdoing while employed by securities broker dealers including Raymond James Financial Services. Reznik is the subject of a customer initiated investment related FINRA securities arbitration claim which was settled for $30,000.00 in damages supported by allegations of Reznik breaching a fiduciary duty and breaching a contract concerning sector-specific equities transactions between February 27, 1996 and September 28, 2018. FINRA Arbitration No. 18-03470 (July 16, 2019). The claim alleges that Raymond James Financial Services was negligent and failed to supervise resulting in unsuitable transactions in the customer’s account. According to the claim, the customer had been defrauded.
On December 13, 2019, another customer initiated investment related FINRA securities arbitration claim involving Reznik’s conduct was resolved for $26,000.00 in damages founded on accusations of the violation of Florida securities law and FINRA rules as it related to options and stock transactions by Reznik when he was associated with Raymond James. FINRA Arbitration No. 19-01851. The claim also alleges breach of fiduciary duty and breach of contract.
Reznik is also referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $395,000.00 in damages based upon allegations of Raymond James Financial Services’ violation of Florida Securities and Investor Protection Act and the violation of Virginia Securities Act given Reznik’s options trading at Raymond James. FINRA Arbitration No. 19-02623 (Mar. 20, 2020). The claim alleges a breach of contract and negligent supervision by the securities broker dealer. Accusations also include fraud and unsuitable trading.
Another customer initiated investment related FINRA securities arbitration claim regarding Reznik’s activities was resolved for $50,000.00 in damages based on allegations that Reznik was negligently supervised and that he misrepresented information about equities transactions during the time that he was associated with Raymond James. FINRA Arbitration No. 19-02857 (Apr. 21, 2020). Accusations include negligence and unsuitability. According to the claim, Reznik also breached a contract and fiduciary duty.
An additional customer initiated investment related FINRA securities arbitration claim concerning Reznik’s conduct was settled for $105,000.00 in damages founded on allegations that from July 18, 2014 to October 31, 2018, Raymond James’ negligence and failure to reasonably supervise Reznik resulted in damage to the customer’s account. FINRA Arbitration No. 19-03227 (June 19, 2020). According to the claim, transactions violated FINRA rules and reflected a breach of contract and breach of fiduciary duty.
Reznik is the subject of a different customer initiated investment related FINRA securities arbitration claim which was resolved for $90,000.00 in damages supported by accusations of unauthorized and unsuitable trading of options and equities in the customer’s account at Raymond James Financial Services. FINRA Arbitration No. 20-00199 (May 20, 2020).
Reznik was registered with Raymond James Financial Services between October 24, 1989 and July 30, 2018.
