Adam Chustz Facing Stifel Nicolas Clients’ Arbitration Claims Re: Breach Of Fiduciary Duty

Investors apparently complained about securities broker Adam Michael Chustz [CRD: 4129813, Paducah, Kentucky], based on disclosures on FINRA BrokerCheck. Evidently, Chustz worked for Edward Jones in Paducah, Kentucky, from March 28, 2000, to February 9, 2018, and has been registered with Stifel Nicolaus since February 13, 2018, in Paducah, Kentucky, and St. Louis, Missouri. Read below to find out more about the disclosures involving Chustz.

Stifel Nicolaus Investor Accused Chustz Of Negligence

Specifically, on August 19, 2025, a Stifel Nicolaus client filed FINRA Arbitration No. 25-01716 about Adam Chustz. Primarily, the client alleged that Chustz made misrepresentations and omissions, failed to supervise, was negligent, breached his fiduciary duty, and breached a contract. For this reason, the client allegedly sustained damages on mutual funds. Consequently, the client requested $500,000 in compensation from Stifel Nicolaus or Chustz. This arbitration is pending a resolution.

Adam Chustz Disclosed Breach Of Fiduciary Duty Allegations By Stifel Nicolaus Client

Specifically, a client of Stifel Nicolaus disputed Adam Chustz’s sales practices by filing FINRA Arbitration No. 25-01758 on August 21, 2025. Allegedly, Chustz failed to supervise, made misrepresentations and omissions, breached his fiduciary duty, was negligent, and breached a contract regarding mutual funds transactions. As a result, the client seeks compensation from Stifel Nicolaus or Chustz in the amount of $5,000,000 in this ongoing matter.

Stifel Nicolaus Investor Accused Chustz Of Misrepresentation

Particularly, on July 31, 2025, a Stifel Nicolaus client filed FINRA Arbitration No. 25-01573 about Adam Chustz. Mainly, the client alleged that Chustz made misrepresentations and omissions of material fact, acted negligently, breached his fiduciary duty, violated state securities laws, and breached a contract. Because of this, the client allegedly sustained damages connected to mutual funds. Consequently, the client requested $200,000 in compensation from Stifel Nicolaus or Chustz. This arbitration is pending a resolution.

Adam Chustz Disclosed Unsuitable Recommendations Allegations By Stifel Nicolaus Client

Particularly, a client of Stifel Nicolaus contested Adam Chustz’s sales practices, according to a complaint dated July 21, 2025. Allegedly, Chustz gave unsuitable advice about mutual funds. Therefore, the client sought compensation from Stifel Nicolaus or Chustz in the amount of $77,000 in this matter.

Have You Made Investments Through Securities Broker Chustz?

Do you have concerns or questions regarding investments you made with Adam Chustz? You should contact Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer about a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Chustz and brokerage firms Chustz worked for deny accusations referenced in public disclosures.