Stifel, Nicolaus & Company, Incorporated broker Richard Stone (CRD# 4219856) is accused of stock losses. He was registered with Stifel, Nicolaus & Company, Incorporated in New York, New York, since 2016, and with Morgan Stanley in New York, New York, from 2010 to 2016.
Richard Stone Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2023. “Claimants allege breach of fiduciary duty, negligence, fraud, breach of contract, violation of the New Jersey uniform securities law, and violation of the Florida securities and Investor Protection Act.” The customer is seeking $1,000,000 in damages, and the case is currently pending. The complaint was regarding structured notes and common and preferred stocks. It took place while he was registered with Stifel, Nicolaus & Company, Incorporated.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Stifel, Nicolaus & Company, Incorporated may be liable for investment or other losses suffered by Richard Stone’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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