Stephen Conrad: Two Regulatory Sanctions

Stephen Conrad

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on January 23, 2017 indicate that Massachusetts-based Wood Company broker Stephen Conrad has been the subject of customer complaints and regulatory sanctions. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Conrad (CRD# 52604).

Stephen Conrad has spent 41 years in the securities industry and has been registered with Wood Company in Boston, Massachusetts since January 2017. Previous registrations include Winslow Evans & Crocker in Boston, Massachusetts; Oppenheimer & Company in Boston, Massachusetts; Josephthal & Company in New York, New York; Cowen & Company; and Legg Mason Wood Walker. He is currently not licensed in any US state.

According to his BrokerCheck report, he has received four customer complaints and two regulatory sanctions

In 2016 a customer alleged Stephen Conrad, while employed at Winslow Evans & Crocker, executed unauthorized trades and made unsuitable recommendations. The complaint settled for more than $10,100.

In 2007 a customer alleged Stephen Conrad, while employed at Oppenheimer & Company, generated excessive fees and commissions. The complaint settled for $135,016.

In 2007 the State of Vermont imposed undertakings on him in connection to unspecified allegations.

In 2007 the State of Vermont sanctioned him following allegations he had been the subject of five customer complaints related to allegations of excessive trading, unauthorized trading, generation of excessive fees and commissions, and unsuitable recommendations. He was placed under heightened supervision, among other undertakings.

In 2003 a customer alleged Stephen Conrad, while employed at Josephthal & Company, recommended unsuitable investments and executed excessive trades. The complaint settled for $5,000.

In 1990 a customer alleged he, while employed at Legg Mason Wood Walker, made unsuitable recommendations, executed unauthorized trades, and breached his fiduciary duty. The complaint resulted in an award to the customer of $64,350.

If you or someone you know has complaints regarding Stephen Conrad, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.