Last Updated: April 2024 (Newport Beach, CA)
Todd Rustman Investigation Summary
Here’s what you need to know about Newport Beach, CA, & Bellevue, WA, stockbroker Todd Rustman:
- Name: Mr. Todd Allen Rustman
- Current Employer: American Trust Investment Services, Clarity Capital Partners (RIA)
- DBA: Astarion LLC, Pathwise Financial Group
- Previous Firms: Westpark Capital, Niagara International Capital Ltd. Royal Alliance Associates
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Todd Rustman
- Primary Location: Newport Beach, CA
- CRD 2453708
- Can Todd Rustman be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $830,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Todd Rustman As Your Stockbroker?
A customer of Clarity Capital Partners is seeking losses of $830,000 and alleges that Todd Rustman made unsuitable recommendations to invest in penny stocks. This matter is currently pending.
[LEARN MORE]: 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.
[LEARN MORE]: FINRA Rule 2111- suitability
Allegations of Broker Misconduct Against Todd Rustman
A customer of Todd Rustman has alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Breach of Fiduciary Duty
- Concentration issue involving penny stocks
[LEARN MORE]: Investigations involving Over-Concentration
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 Todd Rustman, 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.
