Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 1, 2017 indicate that Pennsylvania-based Morgan Stanley broker/adviser Scott Hoffman has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hoffman (CRD# 1223634).
Scott Hoffman has spent 33 years in the securities industry and has been registered with Morgan Stanley in Allentown, Pennsylvania since 2009. Previous registrations include Citigroup Global Markets in Allentown, Pennsylvania (1993-2009); Lehman Brothers in New York, New York (1993); Prudential Securities Incorporated in New York, New York (1984-1993); and First Investors Corporation (1984). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), obtained on January 13, 1993; Series 63 (Uniform Securities Agent State Law Examination), obtained on December 23, 1983; Series 31 (Futures Managed Funds Examination), obtained on November 29, 1993; Series 7 (General Securities Representative Examination), obtained on December 15, 1984; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on December 20, 1983. He is a registered broker and investment adviser with 15 US states and territories: Alabama, California, Colorado, Delaware, Florida, Georgia, Illinois, Louisiana, Maryland, Mississippi, New Jersey, New York, Pennsylvania Texas and Virginia. He is registered with four self-regulatory organizations (SROs): FINRA, NYSE American LLC, the Nasdaq Stock Market, and the New York Stock Exchange.
According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and five denied customer complaints.
In October 2017 a customer alleged Scott Hoffman, while employed at Morgan Stanley, purchased unsuitable investments in the managed account. The customer is seeking $80,000 in damages in the pending complaint.
In 2004 a customer alleged Scott Hoffman, while employed at Citigroup Global Markets, recommended unsuitable investments, committed fraud, engaged in fraudulent inducement, breached his fiduciary duty, breached contract, acted negligently, and participated in unjust enrichment. The complaint settled in 2005 for $25,000.
In 2004 a customer alleged Scott Hoffman, while employed at Salomon Smith Barney, executed unauthorized trades and used margin without authorization. The customer sought unspecified damages in the complaint, which was denied.
In 2001 a customer alleged he, while employed at Salomon Smith Barney, misrepresented material facts related to an investment. The customer sought $19,298 in damages in the complaint, which was denied.
In 2000 a customer alleged he, while employed at Salomon Smith Barney, purchased unsuitable stocks for her portfolio. The customer sought $200,000 in damages in the complaint, which was denied.
In 2997 a customer alleged he, while employed at Salomon Smith Barney, churned the account. The customer sought unspecified damages in the complaint, which was denied.
If you have lost money investing with Scott Hoffman, 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.