Last Updated: September 2024 (Garden City, NY)
Kevin Springstead Investigation Summary
Here’s what you need to know about Garden City, NY, stockbroker Kevin Springstead:
- Name: Mr. Kevin Francis Springstead
- Current Employer: Not Currently Registered with any FINRA member
- Previous Firms: Craft Capital Management, Arive Capital Markets, SW Financial, Worden Capital Management, Reid & Rudiger, Spartan Capital Securities, Windsor Street Capital, Woodstock Financial Group, Garden State Securities, Prestige Financial Center, National Securities Corp., Joseph Stevens & Co. , Mercer Capital
- Function: Former Stock Broker/ Financial Advisor
- Aliases: Kevin Francis
- Primary Location: Garden City, NY
- CRD 4937429
- Can Kevin Springstead be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes- indefinite suspension
- Highest Settlement: $500,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Kevin Springstead As Your Stockbroker?
In 10/2023 a customer of Spartan Capital Securities was paid $500,000 to resolve allegations of churning, unauthorized trading and unsuitability against Springstead in connection with an investment in private placements.
In 9/2023, FINRA suspended Springstead indefinitely for failure to comply with an arbitration award or settlement agreement.
Allegations of Broker Misconduct Against Kevin Springstead
Customers of Kevin Springstead have alleged the following wrongdoing in connection with the handling of customer accounts:
- Churning
- Unauthorized trading
- Unsuitable investments in private placements
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Kevin Springstead, contact us for a complimentary consultation with an experience 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.
