Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on November 7, 2016 indicate that Florida-based RBC Capital Markets broker/adviser Samuel Koltun has received several resolved or pending customer disputes. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Koltun (CRD# 1739664).
Samuel Koltun has spent 29 years in the securities industry and has been registered with RBC Capital Markets in West Palm Beach, Florida since 2009. He was previously registered with JB Hanauer & Company in West Palm Beach, Florida (1987-2009). He is a registered broker and investment adviser with 25 US states and territories: Arizona, California, Connecticut, the District of Columbia, Florida, Georgia, Illinois, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas, Virginia, and Washington.
According to his BrokerCheck report, Samuel Koltun has received two customer complaints, three pending customer complaints, and one regulatory sanction.
In September 2016 a customer alleged Samuel Koltun, while employed at RBC Capital Markets, “recommended over-concentration in unsuitable Puerto Rico bonds.” The customer is seeking $80,000 in damages in the pending complaint.
In April 2016 a customer alleged Samuel Koltun, while employed at RBC Capital Markets, recommended “unsuitable and over-concentrated Puerto Rico bonds in her account.” The customer is seeking $260,000 in damages in the pending complaint.
In 2015 a customer alleged he, while employed at RBC Capital Markets, over-concentrated the account in Puerto Rico bond funds whose risks he did not fully disclose. The customer is seeking $750,000 in damages in the pending complaint.
In 2015 a customer alleged he, while employed at RBC Capital Markets, over-concentrated the account in Puerto Rico bond funds whose risks he did not fully disclose. The complaint settled in 2016 for $399,000.
In 2004 the National Association of Securities Dealers sanctioned Samuel Koltun following allegations he recommended unsuitable Class B mutual fund transactions when he should have recommended Class A shares. He was issued a 10-day suspension and a fine of $12,500;
In 2000 a customer alleged he, while employed at JB Hanauer & Company, misrepresented material facts, breached his fiduciary duty, and committed fraud. The complaint settled for $95,000.
If you or someone you know has a complaint regarding Brian Clark, 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.