Public records provided by the Financial Industry Regulatory Authority (FINRA) on May 17, 2017 indicate that New York-based Spartan Capital Securities broker Joseph Thurnherr has received several pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Thurnherr (CRD# 5045624).
Joseph Thurnherr has spent eight years in the securities industry and has been registered with Spartan Capital Securities in New York, New York since January 2017. Previous registrations include Windsor Street Capital in New York, New York; First Standard Financial Compliance Company in Staten Island, New York; National Securities Corporation in New York, New York; Obsidian Fianncial Group, which has been expelled by FINRA, in Red Bank, New Jersey; Legend Securities in New York, New York; National Securities in Iselin, New Jersey; and JP Turner & Company in Staten Island, New York. He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination) and Series 7 (General Securities Representative Examination). He is a registered broker with ten US states and territories: California, the District of Columbia, Idaho, Iowa, Michigan, New Jersey, New York, Ohio, Pennsylvania, and Texas.
According to his BrokerCheck report, he has received three pending customer complaints and one pending criminal charge.
In 2017 a customer alleged Joseph Thurnherr, while employed at Meyers Associates, churned investments, used margin, acted unsuitably, and executed unauthorized trades. The complaint settled for $383,000.
In 2016 he was charged with one felony count of “Possession of a Controlled Dangerous Substance Third Degree” in the Superior Court of New Jersey Law Division for Monmouth County. He has pled not guilty to the pending charge and entered into a pre-trial intervention program. His statement on the disclosure reads: “This is not a Felony, it is an Accusation.”
In 2016 a customer alleged Joseph Thurnherr, while employed at First Standard Financial, over-concentrated investments and recommended unsuitable securities. The customer is seeking $93,624 in damages in the pending complaint.
In June 2015 a customer alleged Joseph Thurnherr, while employed at Legend Securities, executed excessive trades, made unauthorized transactions, breached contract, misrepresented material facts, churned investments, and acted negligently. The customer is seeking more than $536,000 in damages in the pending complaint.
If you have lost money investing with Joseph Thurnherr, 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.