Scott Steinhorst Involved In Wintrust Investor Dispute

Wintrust Client Brings Dispute About Broker Scott Steinhorst

Investment loss recovery counsel at Soreide Law Group provides you with new information on securities broker Scott Robert Steinhorst (CRD#: 3274380, Hartland, Wisconsin). Evidently, Steinhorst was a securities broker at Wintrust Investments (2004 to 2019). Also, he worked for Wayne Hummer Investments. Here is an overview of the disclosures involving allegations of unsuitability and misrepresentation, and what you could do if you experienced damages from sales practice violations.

Wintrust Investments Client Alleges Inappropriate Structured CDs By Scott Steinhorst

Notably, in June 2020, a Wintrust Investments client objected to Scott Steinhorst’s sales practices. Namely, the client makes allegations of inappropriate structured CDs with maturities that were overly lengthy. Supposedly, the client sustained $15,187 in damages because of investing in structured CDs. However, the securities firm and broker disagreed with the allegations and denied the client’s dispute on June 9, 2020.

Wintrust Investments Discharges Steinhorst For Allegedly Misrepresenting Educational Credentials

Evidently, the firm terminated Scott Steinhorst as a securities broker on September 10, 2019. Supposedly, the broker misrepresented his educational credentials.

Wayne Hummer Investments Client Alleges Damages On Non-Traded REIT

Particularly, a Wayne Hummer client took aim at Scott Steinhorst’s sales practices as a securities broker, as the client filed an investment dispute on November 17, 2016. Namely, the broker allegedly failed to tell the client about the liquidity of a non-traded REIT. The client purportedly experienced $5,672 in damages stemming from Steinhorst’s improper sales practices. Yet, it seems that on November 21, 2016, the securities firm denied this client’s allegation of inappropriate sales practices and denied their request for compensation.

Did You Sustain Damages Through Steinhorst?

Did Scott Steinhorst cause you to experience losses? If so, you should get in touch with Soreide Law Group at (888) 760-6552 to speak with a securities attorney about a potential recovery of your losses. Soreide Law Group represents investor clients on a contingency fee basis and advances costs. The firm has recovered compensation for many investors in the US who incurred losses because of their securities brokers and financial advisors. Please note that Steinhorst denies all accusations of sales practice violations.