Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on July 14, 2016 indicate that New Jersey-based Stifel Nicolaus & Company broker/adviser Kenneth Bruno has received resolved or pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Bruno (CRD# 854559).
Kenneth Bruno has spent 38 years in the securities industry and has been registered with Stifel Nicolaus & Company in Hackensack, New Jersey since 2014. Previous registrations include Oppenheimer & Company in Saddle Brook, New Jersey; Citigroup Global Markets in Paramus, New Jersey; Lehman Brothers in New York, New York; Janney Montgomery Scott; Merrill Lynch; Herzfeld & Stern; LF Rothschild Unterburg Towbin; Lehman Brothers Kuhn Loeb; and Verrilli Altschuller Schwartz. He is a registered broker and investment adviser with 15 US states and territories.
According to his BrokerCheck report, Kenneth Bruno has received two customer complaints and two pending customer complaints.
In May 2016, a customer alleged Kenneth Bruno, while employed at Stifel Nicolaus & Company, misled him. The customer is seeking $20,000 in damages in the pending complaint.
In May 2016, a customer alleged Kenneth Bruno, while employed at Janney Montgomery Scott, made unsuitable and unauthorized investments beginning in late 2014. The customer is seeking $80,000 in damages in the pending complaint.
In 1989, Kenneth Bruno was “permitted to resign” from his position at Janney Montgomery Scott following allegations involving a “difference of opinion” over whether he had received orders to make two stock purchases.
In 1989, a customer alleged Kenneth Bruno, while employed at Janney Montgomery Scott, executed a purchase without an order to do so. The complaint settled for $23,000.
In 1984, a customer alleged Kenneth Bruno, while employed at Herzfeld & Stern, did not properly execute a sell stop order, resulting in losses between $7,000 and $8,500. The complaint resulted in an award to the customer of $8,350.
If you or someone you know has lost money investing with Kenneth Bruno, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.