Securities Lawyers Blog
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Ben Sutak (Sutak), currently associated with Thinkequity LLC, has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Sutak concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $296,239.65 on September 12, 2022.
Claimant alleges excessive commission, unauthorized trades, churning, misrepresentation and unsuitability; however, Claimant is only requesting disgorgement of commissions.