Joseph Storzinger Allegedly Violated FINRA Rules

Joseph Storzinger (CRD #: 2554671), a broker registered with IBN Financial Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on August 23, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On June 17, 2024, an investor alleged that Joseph Storzinger violated FINRA Rules 2010, 2020, 2111, and 3280. 

The investor is seeking $400,000. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Misrepresentation 

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. 

Private Securities Transactions

FINRA Rule 3280 requires brokers to provide written notice to their firm before engaging in private securities transactions.

Background Information

Joseph Storzinger has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• Series 65 Uniform Investment Adviser Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination  

He is a registered investment adviser and broker and New York. 

Joseph Storzinger has registered with the following firms: 

• IBN Financial Services (CRD #: 42360) 
• IBN Advisory Services (CRD #: 293288) 
• Traderfield Securities (CRD #: 20130) 
• American Portfolios Financial Services (CRD #: 18487) 
• American Financial Services (CRD #: 6363) 
• IDS Life Insurance Company (CRD #: 6321) 
• The J.B. Sutton Group (CRD #: 16191) 
• Stratton Oakmont (CRD #: 18692) 

Kurta Law Can Help 

If you worked with Joseph Storzinger and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.