CRAIG SCOTT STORCH is currently employed as a Broker and/or Investment Adviser at SANFORD C. BERNSTEIN & CO., LLC located at 777 SOUTH FLAGLER DRIVE, SUITE 1010, W. PALM BEACH, FL, 33401.
CRAIG SCOTT STORCH has worked at SANFORD C. BERNSTEIN & CO., LLC since December 07, 2000
CRAIG SCOTT STORCH has 2 Disclosure Event(s).
Date: December 09, 2013 Category: Regulatory Initiated By: FLORIDA OFFICE OF FINANCIAL REGULATION Allegations: ENGAGED IN INVESTMENT ADVISORY SERVICES IN FLORIDA WITHOUT THE BENEFIT OF REGISTRATION. Resolution: Order SanctionDetails: Sanctions: Civil and Administrative Penalty(ies)/Fine(s) SanctionDetails: Amount: $20,000.00 Broker Comment: THE ACTION TAKEN AGAINST THE INDIVIDUAL REGISTERED REPRESENTATIVE IN THIS MATTER WAS THE DIRECT RESULT OF THE FIRM'S ERRONEOUSLY INFORMING THE REGISTERED REPRESENTATIVE THAT HIS REGISTRATION IN THE STATE OF FLORIDA AS AN INVESTMENT ADVISER REPRESENTATIVE WAS APPROVED. WHILE THE STATE OF FLORIDA HAS IMPOSED A STRICT LIABILITY STANDARD AGAINST THE REGISTERED REPRESENTATIVE, THE ERROR WAS ON THE PART OF THE FIRM AND ITS FAILURE TO PROPERLY REGISTER THE REGISTERED REPRESENTATIVE. IT SHOULD BE NOTED THAT THE REGISTERED REPRESENTATIVE WAS REGISTERED PROPERLY AS A SECURITIES AGENT WITH THE STATE OF FLORIDA DURING THE RELEVANT PERIOD. IN ADDITION, TO THE BEST OF THE FIRM'S KNOWLEDGE, THE REGISTERED REPRESENTATIVE WAS PROPERLY REGISTERED IN OTHER TERRITORIES IN WHICH HE CONDUCTED BUSINESS DURING THE RELEVANT TIME PERIOD.
Date: December 27, 2011 Category: Customer Dispute Allegations: THE CUSTOMERS ALLEGE THAT THE FIRM AND THE REGISTERED REPRESENTATIVE DID NOT FOLLOW THEIR STATED INVESTMENT OBJECTIVES. Damage Amount Requested: $1,000,000.00 Settlement Amount: $200,000.00 Broker Comment: ON OCTOBER 2, 2013, TO RESOLVE THE MATTER, AND WITHOUT ADMITTING ANY LIABILITY, BERNSTEIN AGREED TO SETTLE THE MATTER WITH THE CLAIMANTS. THE REGISTERED REPRESENTATIVE WAS NOT ASKED TO, NOR DID HE, CONTRIBUTE TO THE SETTLEMENT.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for CRAIG SCOTT STORCH, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More