Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 30, 2018 indicate that Florida-based Oppenheimer & Company broker/adviser Steven Schultz has received a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Schultz (CRD# 1764802).
Steven Schultz has spent 21 years in the securities industry and has been registered with Oppenheimer & Company in Palm Beach Gardens, Florida since 2005. Previous registrations include Merrill Lynch in New York, New York (2002-2005); Prudential Securities in New York, New York (1998-2002); MetLife Securities in Springfield, Massachusetts (1996-1997); and Metropolitan Life Insurance Company in New York, New York (1996-1997). He has passed seven securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on July 15, 1998; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 3, 1998; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on June 27, 1998; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on August 14, 1996; Series 10 (General Securities Sales Supervisor – General Module Examination), which he obtained on December 22, 2005; and Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on December 22, 2005. He is a registered broker and investment adviser with 30 US states and territories.
According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.
In August 2018 a customer alleged Steven Schultz, while employed at Oppenheimer & Company, recommended unsuitable investments, breached contract, breached his fiduciary duty, intentionally misrepresented material facts, negligently misrepresented material facts, and failed in his supervisory duties in connection to investments in Puerto Rico bonds and energy products. The customer is seeking $750,000 in damages in the pending complaint.
In 2001 a customer alleged Steven Schultz, while employed at Prudential Securities, churned investments and recommended unsuitable securities. The customer sought $146,668 in damages in the complaint, which was denied.
If you or someone you know has a complaint regarding Steven Schultz, call the attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.