Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on January 16, 2017 indicate that former New York-based Newport Coast Securities broker Emil Botvinnik has been the subject of resolved or pending customer disputes and is currently not registered with any state or firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Botvinnik (CRD# 4359481).
Emil Botvinnik has spent eleven years in the securities industry and was most recently registered with Newport Coast Securities in New York, New York (2014-2015). Previous registrations include Meyers Associates in Miami Beach, Florida; Brookstone Securities in Miami Beach, Florida; Rockwell Global Capital in New York, New York; First Midwest Securities in New York, New York; Liberty Partners Financial Services in Fort Lauderdale, Florida; Investors Capital Corporation in Miami, Florida; Ladenburg Thalmann & Company in Miami, Florida; and Joseph Stevens & Company in Brooklyn, New York. He is currentlynot registered with any state or firm.
According to his BrokerCheck report, Emil Botvinnik has received two customer complaints and two pending customer complaints.
In 2016 a customer alleged Emil Botvinnik, while employed at Salomon Whitney, made unsuitable recommendations, charged excessive trades, and did not minimize risk. The customer is seeking $50,000 in damages in the pending complaint.
In 2016 a customer alleged Emil Botvinnik, while employed at Salomon Whitney, churned the account and made unsuitable recommendations. The customer is seeking $99,000 in damages in the pending complaint.
In 2014 a customer alleged he, while employed at Meyers Associates, charged excessive commissions. The complaint settled for $385,000.
In 2009 a customer alleged he, while employed at Liberty Partners Financial Services, executed unauthorized trades, made excessive trades, charged excessive commissions, and made unsuitable recommendations. The complaint settled for $70,000.
In 2009 he was “permitted to resign” from his position at Liberty Partners Financial Services following allegations he executed unauthorized trades and exercised discretion in a client account.
If you have lost money investing with Emil Botvinnik, 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.