Investors potentially incurred losses because of securities broker Steven Foreman Kahn [CRD: 1001362, Chicago, Illinois], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Kahn has been registered with American Trust Investment Services Inc. since May 8, 2014. See the following information to discover more about this broker’s disclosures and related client dispute.
A breach of fiduciary duty occurs when a securities broker or financial advisor fails to act in the best interests of their client. Brokers owe a duty of loyalty and care, meaning they must make investment recommendations that align with a client’s financial objectives, risk tolerance, and overall interests. When a broker places their own financial gain above a client’s welfare or fails to disclose material conflicts of interest, it may constitute a breach of fiduciary duty.
Additionally, an American Trust Investment Services Inc. client filed FINRA Arbitration No. 24-01703 about Steven Kahn. Primarily, the client alleged that Kahn breached his fiduciary duty, was negligent, made negligent misrepresentations, and engaged in elder abuse. Because of this, the client allegedly incurred damages relating to GWG L-Bonds. As a result, on January 9, 2025, a FINRA Arbitration Panel issued an Award ordering American Trust Investment Services Inc. and Kahn to pay the client $10,000 in damages.
Do you need clarification on any investment losses relating to Steven Kahn? You can get in touch with Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee basis and advances all costs. Kahn and brokerage firms Kahn worked for deny allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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