Adam Chustz Allegedly Engaged in Misrepresentation

Adam Chustz (CRD #: 4129813), a broker registered with Stifel, Nicolaus & Company, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 27, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On August 21, 2025, an investor alleged that Adam Chustz engaged in misrepresentation and omission and violated the Consumer Protection and Deceptive Trade Practices Act. The investor is seeking $5,000,000.

On August 1, 2025, an investor alleged that Adam Chustz allegedly violated state securities statutes. The investor is seeking $200,000.

On July 21, 2025, an investor alleged that Adam Chustz recommended unsuitable investments. The investor is seeking $77,000.

Unsuitable Investments 

FINRA Rule 2111 requires brokers to recommend investments that suit their investors’ needs. They must consider several factors, including their investors’ age, risk tolerance, and financial goals.

Misrepresentation

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of information, such as an investment’s potential returns, risks, fees, or limitations.

Background Information

Adam Chustz has passed the following exams:

• Series 66 Uniform Combined State Law Examination
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 24 General Securities Representative Examination

He has registered with two firms:

• Stifel, Nicolaus & Company (CRD #: 793)
• Edward Jones (CRD #: 250)

Kurta Law Can Help

If you worked with Adam Chustz and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.