Last Updated: May 2025 — Liverpool, NY
Here’s what you need to know about Liverpool, NY, stockbroker Joseph Storzinger:
- Name: Mr. Joseph Edward Storzinger
- Current Employers:
- IBN Advisory Services, Inc. (RIA)
- IBN Financial Services, Inc.
- Function: Stockbroker / Registered Investment Advisor
- CRD Number: 2554671
- Prior Employers:
- Traderfield Securities, Inc.
- A.G. Morgan Financial Advisors, LLC
- American Portfolios Financial Services, Inc.
- Ameriprise Financial Services, Inc.
- Stratton Oakmont Inc.
- Can Joseph Storzinger be sued in FINRA arbitration?: Yes
- Highest Reported Settlement or Award: $10,000
- Pending Customer Dispute Seeks Damages of $400,000
If you’ve sustained damages from Mr. Storzinger, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Joseph Storzinger As Your Stockbroker?
A pending FINRA arbitration case (Docket No. 24-01332) has been filed by a customer of IBN Financial Services, Momentix Capital (formerly Traderfield Securities), and A.G. Morgan Financial Advisors alleging that Storzinger committed violations of several key FINRA rules, was negligent and breached his fiduciary duty. The customer is seeking $400,000 in damages related to alleged misconduct involving promissory notes. The filing date was June 17, 2024.
A prior customer dispute from June 1997 was settled for $10,000.
Allegations of Broker Misconduct Against Joseph Storzinger
Joseph Storzinger has been the subject of serious customer allegations, including:
- Unsuitable Investment Recommendations
- Violations of FINRA Rules 2010, 2020, 2111, and 3280
- Negligence
- Breach of Contract
Relevant FINRA rules cited in the complaint include:
- FINRA Rule 2111 – Suitability, requiring brokers to have a reasonable basis for recommending an investment.
- FINRA Rule 2020 – Prohibiting manipulative and fraudulent devices.
- FINRA Rule 3280 – Governing private securities transactions, particularly relevant when promissory notes or other unregistered investments are involved.
- FINRA Rule 2010 – Standards of Commercial Honor and Principles of Trade.
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090) Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Joseph Storzinger, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.