Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 30, 2017 indicate that New York-based Windsor Street Capital broker Neal Scott has received customer disputes and regulatory sanctions. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Scott (CRD# 1038348).
Neal Scott has spent 35 years in the securities industry and has been registered with Windsor Street Capital in New York, New York since 2015. Previous registrations include Euro Pacific Capital in New York, New York (2007-2015); Bishop Rosen & Company in New York, New York (2005-2007); Westpark Capital in New York, New York (2004-2006); JP Turner & Company in New York, New York (2002-2004); US Securities & Futures Corporation in New York, New York (2001-2002); Joseph Gunnar & Company in New York, New York (1998-2001); First Asset Management in Garden City, New York (1993-1998); Emanuel & Company in New York, New York (1986-1993); Philips Appel & Walden (1984-1988); and EG Frances & Company (1982-1984). He has passed five securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on January 4, 2011; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 12, 1982; Series 7 (General Securities Representative Examination), which he obtained on April 17, 1982; Series 53 (Municipal Securities Principal Examination), which he obtained on September 28, 2007; and Series 24 (General Securities Principal Examination), which he obtained on November 10, 1988. He is a registered broker with twelve US states and territories: California, the District of Columbia, Florida, Kansas, Minnesota, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, and the Virgin Islands.
According to his BrokerCheck report, he has received two regulatory sanctions, four customer complaints and five tax liens.
In November 2017 the Maryland Division of Securities following allegations he failed to report five IRS liens filed against him. He was censured and permitted to withdraw his agent registration in the state.
In 2015 a customer alleged Neal Scott, while employed at Euro Pacific Capital, recommended unsuitable products and violated his fiduciary duty. The complaint settled for $8,000.
In 2015 the Virginia Securities Department sanctioned him in connection to allegations he did not complete the securities registration process within the proper time frame His application for registration was subsequently denied.
In 2005 the Internal Revenue Service filed a tax lien totaling $76,617 against him. The lien remains outstanding.
In 1996 a customer alleged Neal Scott, while employed at Lew Lieberbaum & Company, breached his fiduciary duty, recommended unsuitable securities, and made misrepresentations of material facts in connection to investment recommendations. The complaint settled for $262,000.
In 1990 a customer alleged he, while employed at Emanuel & Company, made misrepresentations of material facts. The complaint resulted in an award to the customer of more than $84,000.
If you or someone you know has lost money investing with Neal Scott, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. 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.