SCOTT DAVID SHAMES is currently employed as a Broker and/or Investment Adviser at NATIONAL SECURITIES CORPORATION located at 3 EAST 54TH STREET, SUITE 310, NEW YORK, NY, 10022.
SCOTT DAVID SHAMES has worked at NATIONAL SECURITIES CORPORATION since March 27, 2012
Disclosure History
SCOTT DAVID SHAMES has 2 Disclosure Event(s).
Date: July 26, 2016 Category: Customer Dispute Allegations: Suitability and breach of fiduciary duty Damage Amount Requested: $35,679.00 Settlement Amount: $13,000.00 Broker Comment: REGISTERED REPRESENTATIVE DENIES ANY AND ALL ALLEGATIONS. THE SETTLEMENT AGREEMENT WAS ENTERED INTO WITHOUT ADMITTING ANY LIABILITY, AND SOLELY TO AVOID THE EXPENSES AND UNCERTAINTY OF LITIGATION.
Date: May 22, 2001 Category: Customer Dispute Allegations: CUSTOMERS ALLEGE THAT THEIR BROKERS DID NOT DETERMINE THEIR INVESTMENT OBJECTIVES, NET WORTH, OR INCOME AND ALSO EXECUTED SEVERAL TRANSACTIONS IN THEIR ACCOUNTS WITHOUT THEIR PRIOR PERMISSION. CUSTOMERS ALLEGE THEY WERE NOTIFIED OF THESE TRADES AFTER THE FACT. CUSTOMERS ALLEGE THAT DUE TO THIS THEY LOST 120,000 IN THEIR ACCOUNTS OVER A 2 TO 2 1/2 YEAR PERIOD. Damage Amount Requested: $120,000.00
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