Advisor Alert: Our Attorneys Are Investigating Mitchell Howard Bornstein For Investment Fraud
Did You Lose Money Because of Mitchell Bornstein?
Filed: November 15, 2023
Mitchell Bornstein has been the subject of two (2) customer complaints. 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 Mitchell Howard Bornstein.
Who Is Mitchell Howard Bornstein?
- Advisor Name: Mitchell Howard Bornstein
- Aliases: Mitchell Bornstein
- CRD: 2631779
- Location: Brooklyn, New York
- Current Employer: Currently Not Registered
- Previous Firms: Cetera Investment Services LLC, Invest Financial Corporation, and Santander Securities LLC
- Number of Known Customer Complaints: 2
- Can Mitchell Bornstein Be Sued: Yes, in Private Arbitration
- Can Mitchell Bornstein’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $50,000
- Highest Settlement: $12,000
If you have suffered investment losses by Mitchell Bornstein, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a margin call liquidations 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 Mitchell Bornstein For Broker Misconduct
As of this publication date, Mitchell Bornstein has been the subject of 2 customer disputes. Let’s review them below.
In August 2020, a FINRA arbitration was filed against or in reference to Mitchell Bornstein by a customer of Cetera Investment Services LLC alleging that Mr. Bornstein made unsuitable investment recommendations. Per the customer, he/she lost over $50,000 because of Mr. Bornstein’s actions. On July 23, 2021, Mr. Bornstein settled the claim for $12,000, and some or all of this amount may have been paid by Mr. Bornstein’s employer and/or insurance carrier.
In June 2007, a complaint was filed against or in reference to Mitchell Bornstein by a customer of HSBC Securities (USA) Inc. alleging that Mr. Bornstein did not tell the client that he would be charged a 1% charge for liquidation of the bond fund. Per the customer, he lost over $7,714.95 because of Mr. Bornstein’s actions.
How To File A Claim Against Mitchell Bornstein (previously with Cetera Investment Services LLC, Invest Financial Corporation, and Santander Securities LLC) To Get Your Money Back.
If you have questions about Mitchell Bornstein, Cetera Investment Services LLC, Invest Financial Corporation, Santander Securities LLC, 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.