Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on January 26, 2018 indicate that Texas-based Capital Financial Services broker/adviser Mark Sitter has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Sitter (CRD# 1810591).
Mark Sitter has spent 29 years in the securities industry and has been registered with Capital Financial Services in the Woodlands, Texas since 2006. He was previously registered with Merrill Lynch in New York, New York (1988-2006). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 19, 1988, and Series 7 (General Securities Representative Examination), which he obtained on June 18, 1988. He is a registered broker and investment adviser with three US states (Michigan, Texas and Wisconsin) and one self-regulatory organization (SRO): FINRA.
According to his BrokerCheck report, he has received two customer complaints, one pending customer complaint, and two closed customer complaints.
In November 2017 a customer alleged Mark Sitter, while employed at Capital Financial Services, misrepresented the nature of a real estate investment as suitable for a portfolio. The customer is seeking $100,000 in damages in the pending complaint.
In 2014 a customer alleged he, while employed at Capital Financial Services, made unsuitable investment recommendations. The customer sought unspecified damages in the complaint, which was closed with no action taken.
In 2004 a customer alleged he, while employed at Merrill Lynch, made unsuitable investment recommendations. The customer sought unspecified damages in the complaint, which was closed with no action taken.
In 2002 a customer alleged Mark Sitter, while employed at Merrill Lynch, misrepresented a mutual fund investment as low-risk. The complaint settled for $4,000.
In 2001 a customer alleged Mark Sitter, while employed at Merrill Lynch, recommended unsuitable mutual fund and stock investments. The complaint settled in 2003 for $75,000.
If you or someone you know has complaints regarding Mark Sitter, 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.