Investors potentially experienced sales practice violations because of securities broker Kurt Edward Stahl [CRD: 1890827, Sarasota, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Kurt Stahl worked for Berthel Fisher Company Financial Services Inc. from November 25, 2014, to March 23, 2017, and has been registered as an investment adviser with AE Wealth Management LLC since April 2017. Below, you can find important information about the investor dispute and allegations reported against this financial professional.
Specifically, on November 20, 2024, an AE Wealth Management LLC client filed AAA Arbitration No. 01-24-007-1485 about Kurt Stahl. Supposedly, Stahl violated the Florida Securities and Investor Protection Act, breached a contract, made misrepresentations or omissions, was negligent, and breached his fiduciary duty. Because of this, the client allegedly incurred damages through investing in stocks, fixed annuities, interval funds, and hedge funds. For this reason, the client requested $1,750,000.00 in compensation from AE Wealth Management LLC or Stahl. This arbitration is unresolved.
Particularly, a Berthel Fisher Company Financial Services Inc. client filed Civil Action No. 2018-CA-3040-NC about Kurt Stahl. Allegedly, Stahl made misrepresentations and that the broker failed to supervise certain representatives concerning sales of equity index annuities. As a result, on April 15, 2020, Berthel Fisher Company Financial Services Inc. settled this matter by paying the client $20,000.00 in damages.
Also, a client of Berthel Fisher Company Financial Services Inc. contested Kurt Stahl’s sales practices, according to a complaint dated March 23, 2017. Allegedly, Stahl made misrepresentations and churned a variable annuity contract. Allegedly, Stahl allegedly caused the client to sustain damages. Consequently, the client sought compensation from Berthel Fisher Company Financial Services Inc. or Stahl in the amount of $449,313.02 in this matter. However, the client withdrew the complaint.
Did you experience losses because of Kurt Stahl? You can reach out to Soreide Law Group online or at (888) 760-6552 and speak to a securities attorney concerning a potential recovery. Soreide Law Group has years of experience recovering losses for investors throughout the United States. The firm also works on a contingency fee arrangement and advances all costs. Stahl and brokerage firms Stahl worked for deny allegations of sales practice violations.
Recently Passco Palm Desert issued K-1’s to their investors for Cancellation of Debt Income. This tax bill will be in addition to the losses suffered by the investors for the failed Passco Palm Desert Investment. When canceled debt is taxable: If you do not qualify for an exception or exclusion, you must report the canceled […]
Soreide Law Group is reviewing potential claims from investors who may have been harmed by the way securities brokers and financial advisors marketed and sold certain investment products. One investment drawing attention is WALK DST, a Delaware Statutory Trust offered to investors nationwide. Concerns have surfaced that raise important questions about this investment’s risks and […]
Soreide Law Group is reviewing potential investor claims tied to possible sales practice violations by securities brokers and financial advisors. One of the products under review is VINTAGE DST, a Delaware Statutory Trust connected to real estate investments. This offering has drawn attention because of serious concerns investors should be aware of. The following overview […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com