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Steve Morris Has Been the Subject of a FINRA Sanction

Steve MorrisPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on January 19, 2018 indicate that New York-based Wynston Hill Capital broker Steve Morris has been sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Morris (CRD# 2836989).

Steve Morris has spent 20 years in the securities industry and has been registered with Wynston Hill Capital in New York, New York since January 2016. Previous registrations include Halcyon Cabot Partners in New York, New York (2015); PHX Financial in New York, New York (2013-2014); Brookville Capital Partners in Uniondale, New York (2009-2012); Whitaker Securities in New York, New York (2006-2009); Granite Associates in Melville, New York (2004-2006); Ladenburg Thalmann & Company in New York, New York (2002-2004); and Ladenburg Capital Management in Bethpage, New York (1997-2002). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 27, 1997; Series 7 (General Securities Representative Examination), which he obtained on January 3, 1997; Series 9 (General Securities Sales Supervisor – Options Module Examination), which he obtained on July 23, 2001; and Series 24 (General Securities Principal Examination), which he obtained on February 15, 1999. He is a registered broker with three US states: Florida, New York, and Texas.

According to his BrokerCheck report, he has received three customer complaints and one FINRA sanction.

In January 2018 FINRA sanctioned him following allegations he failed to comply with an arbitration award or settlement agreement, or to satisfactorily reply to a request for information regarding compliance. He was suspended from associating with any FINRA member in all capacities.

In 2011 a customer alleged Steve Morris, while employed at Whitaker Securities, executed excessive trades, negligently misrepresented material facts, breached his fiduciary duty, and was negligent in his supervisory duties. The complaint settled in 2012 for $300,000.

In 2009 a customer alleged Steve Morris, while employed at Whitaker Securities, committed fraud, breached his fiduciary duty, misrepresented and omitted material facts, recommended unsuitable securities, acted negligently, and breached contract. The complaint resulted in an award to the customer of $600,000.

In 1999 a customer alleged Steve Morris, while employed at Gaines Berland, misrepresented material facts, churned investments, made unsuitable recommendations, failed to follow instructions, and failed in his supervisory duties. The complaint settled for $40,000.

If you have lost money investing with Steve Morris, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. 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.