New York-based Legend Securities broker Scott Hechler is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hechler (CRD# 5277526).
Scott Hechler has spent seven years in the securities industry and has been registered with Legend Securities in New York, New York since 2013. Previous registrations include Joseph Gunnar & Company in New York, New York (2012-2013); Brookstone Securities, which has since been expelled by FINRA, in Staten Island, New York (2009-2012); and JP Turner & Company in Staten Island (2007-2008). He is a registered broker with 38 US states and territories.
According to his BrokerCheck report, Scott Hechler is the subject of one pending customer complaint.
In June 2015 a customer alleged Scott Hechler, while employed at Legend Securities, engaged in deception, churned the account, and was responsible for miscommunications regarding trades. The customer is seeking $130,000 in damages in the pending complaint.
“Churning” describes the actions of a broker who executes an excessive number of investment transactions, such as buying or selling a stock, for the primary purpose of generating commissions. It constitutes a possible violation of SEC Rule 15c1-7 and other securities laws.
If you or someone you know has a complaint regarding Scott Hechler, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup losses. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.
Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on March 7, 2016 have provided all information stated in this article.