Last Updated: September 2023 (Garden City, NY)
Scott J. Levine Investigation Summary
Here’s what you need to know about Garden City, NY, stockbroker Scott J. Levine:
- Name: Mr. Scott Jordan Levine
- Current Employer: Barred from industry by FINRA
- Previous Firms: Craft Capital Management, PHX Financial, IAA Financial
- Function: Former Stock Broker/ Financial Advisor
- Aliases: Scott Levine
- Primary Location: Garden City, NY
- CRD 4401053
- Can Scott Jordan Levine be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Highest Settlement or Award: $21,578
- Discloses currently outstanding liens/judgements: Yes
- Discloses personal bankruptcy filing: Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Scott J. Levine As Your Stockbroker?
Scott Jordan Levine was barred from the industry by FINRA 4/2020 after he failed to cooperate with a FINRA investigation.
Levine discloses 3 customer disputes including a FINRA arbitration award of $21,5778 to a customer of one of his former employers, John Thomas Financial, who alleged that Scott Jordan Levine charged excessive commissions, markups and fees.
Scott J. Levine discloses 3 currently outstanding judgements for NY State and Federal Income taxes as well as the fact he was discharged from Chapter 7 bankruptcy in 7/2014.
Allegations of Broker Misconduct Against Scott J. Levine
Customers of Scott Jordan Levine have alleged the following wrongdoing in connection with the handling of customer accounts:
- Charging excessive commissions, markups and fees
- Over trading accounts
- Misuse of margin borrowing
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 Scott Jordan Levine, 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.
