Advisor Alert: Our Attorneys Are Investigating Ibrahim Ethem Kurtulus For Investment Fraud
Did You Lose Money Because of Ibrahim Kurtulus?
Filed: January 30, 2024
Ibrahim Kurtulus currently has one (1) pending customer complaint and one (1) pending judgment/lien event. Overall, he has been the subject of two (2) regulatory events, one (1) termination event, three (3) customer complaints, and one (1) judgment/lien event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Ibrahim Ethem Kurtulus.
Who Is Ibrahim Ethem Kurtulus of Joseph Stone Capital LLC?
- Advisor Name: Ibrahim Ethem Kurtulus
- Aliases: Ibrahim Kurtulus
- CRD: 2287372
- Location: New York, New York
- Current Employer: Joseph Stone Capital LLC
- Previous Firms: Windsor Street Capital, LP, J.W. Barclay & Co., Inc., and A.S. Goldmen & Co., Inc.
- Number of Known Customer Complaints: 3
- Number of Known Regulatory Events: 2
- Number of Known Termination Events: 1
- Number of Known Judgment/Lien Events: 1
- Can Ibrahim Kurtulus Be Sued: Yes, in Private Arbitration
- Can Ibrahim Kurtulus’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $875,000
- Highest Settlement: $45,000
If you have suffered investment losses by Ibrahim Kurtulus, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Ibrahim Kurtulus For Broker Misconduct
As of this publication date, Ibrahim Kurtulus has been the subject of 2 regulatory events, 1 termination event, 3 customer disputes, and 1 judgment/lien event. Let’s review them below.
In September 2023, a FINRA arbitration was filed against or in reference to Ibrahim Kurtulus by a customer of Joseph Stone Capital LLC alleging unsuitable trading, overconcentration, and improper use of margin. Per the customer, he/she lost over $875,000 because of Mr. Kurtulus’s actions. As of this publication date, this claim remains pending.
In May 2021, Ibrahim Kurtulus was the subject of a civil judgment or lien in the amount of $90,745.14. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In October 2017, a FINRA arbitration was filed against or in reference to Ibrahim Kurtulus by a customer of Windsor Street Capital, LP alleging unsuitable investment advice. Per the customer, he/she lost over $100,000 because of Mr. Kurtulus’s actions. On July 3, 2018, Mr. Kurtulus settled the claim for $14,999.99.
In January 2015, a FINRA arbitration was filed against or in reference to Ibrahim Kurtulus by a customer of Meyers Associates, LP alleging unsuitable investment. Per the customer, he/she lost over $300,000 because of Mr. Kurtulus’s actions. On March 3, 2016, Mr. Kurtulus settled the claim for $45,000, and some or all of this amount may have been paid by Mr. Kurtulus’s employer and/or insurance carrier.
In April 2005, Illinois initiated a regulatory action against or in reference to Ibrahim Kurtulus as his registration as a salesperson in the State Of Illinois is subject to revocation pursuant to section 8.e(1)(j) of the Illinois Securities Law.
In April 2004, NASD initiated a regulatory action against or in reference to Ibrahim Kurtulus for opening brokerage accounts for public customers without their prior knowledge, authorization, or consent; and effected transactions in the accounts of public customers without their prior knowledge, authorization, or consent.
In May 1993, A.S. Goldmen & Co., Inc. terminated Ibrahim Kurtulus for allegedly stealing account statements of other brokers with the intent of selling them.
How To File A Claim Against Ibrahim Kurtulus of Joseph Stone Capital LLC (previously with Windsor Street Capital, LP, J.W. Barclay & Co., Inc., and A.S. Goldmen & Co., Inc.) To Get Your Money Back
If you have questions about Ibrahim Kurtulus, Joseph Stone Capital LLC, Windsor Street Capital, LP, J.W. Barclay & Co., Inc., A.S. Goldmen & Co., Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.