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Broker Stephen Kiront: Received 21 Customer Complaints

Stephen KirontPublic records published by the Financial Industry Regulatory Authority (FINRA) on December 1, 2016 indicate that New York-based Craft Capital Management broker Stephen Kiront has been the subject of several resolved or pending customer disputes. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kiront (CRD# 2009609).

Stephen Kiront has spent 24 years in the securities industry and has been registered with Craft Capital Management in Garden City, New York since March 2015. Previous registrations include Woodstock Financial Group in Garden City, New York; VTR Capital in New York, New York; Monroe Parker Securities in Purchase, New York; Biltmore Securities in Fort Lauderdale, Florida; and Stratton Oakmont in Lake Success, New York. Of Mr. Kiront’s former employers, four have since been expelled by FINRA: VTR Capital, Monroe Parker Securities, Biltmore Securities, and Stratton Oakmont. He is a registered broker with fifteen US states and territories: California, Florida, Georgia, Iowa, Minnesota, Nevada, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, South Dakota, Texas, Utah, and Wisconsin.

According to his BrokerCheck report, Stephen Kiront has received 21 customer complaints and two pending customer complaints.

In October 2016 a customer alleged Stephen Kiront, while employed at Woodstock Financial Group, made unsuitable recommendations, failed to supervise, and breached his fiduciary duty. The customer is seeking $108,825 in damages in the pending complaint.

In February 2016 a customer alleged Stephen Kiront, while employed at Woodstock Financial Group, churned the account, made unsuitable recommendations, abused commissions, and breached his fiduciariy duty. The customer is seeking $121,976 in damages in the pending complaint.

In January 2016 a customer alleged he, while employed at Woodstock Financial Group, made unsuitable recommendations, failed to supervise, and breached his fiduciary duty. The complaint settled for $15,500.

In April 2015 a customer alleged he, while employed at Woodstock Financial Group, churned investments, recommended unsuitable securities, effected unauthorized transactions breached contract, and misrepresented material facts related to investments. The complaint settled for $60,500.

In 1998 a customer alleged, while employed at Monroe Parker, he breached his fiduciary duty, misrepresented material facts, and executed unauthorized trades. The complaint settled for $275,000.

If you have complaints regarding Stephen Kiront, you may be able to recover lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover money. You may have a limited window to file your claim, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.