Ibrahim Ethem Kurtulus of New York New York a stockbroker formerly registered with Windsor Street Capital LP is referenced in a customer initiated investment related arbitration claim which was settled for $14,999.99 in damages based upon allegations that Kurtulus gave the customer bad advice concerning stocks that were placed in the customer’s investment account while Kurtulus was associated with Windsor Street Capital L.P. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-02784 (July 3, 2018).

This is not the first time that Kurtulus has been subject of a customer dispute concerning accusations of his misconduct. In particular, a customer initiated investment related arbitration claim regarding Kurtulus’ activities was resolved for $45,000.00 in damages supported by allegations that over-the-counter equities trades executed in the customer’s account were in no way suitable for the customer given the customer’s objectives for investing or risk tolerance.

Kurtulus’ registration with Windsor Street Capital LP has been terminated as of May 31, 2018. Indeed, Windsor Street Capital LP has been expelled from FINRA membership and fined $1,000,000.00 according to a Default Decision issued by FINRA’s Office of Hearing Officers which contained findings that the firm, inter alia, defrauded customers through an undisclosed and excessive markdown and markup scheme; conduct violative of Securities and Exchange Act of 1934 Section 10(b), Securities and Exchange Commission (SEC) Rule 10b-5; and FINRA Rules 2020 and 2010. Department of Enforcement v. Windsor Street Capital LP Disciplinary Proceeding No. 2016048912703 (May 28, 2019).

Kurtulus has been employed by Joseph Stone Capital L.L.C. since June 8, 2018.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

Questions or comments regarding the source or accuracy of any information, including any subsequent developments, should be directed to:  [email protected]

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer.

Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Stockbroker Fraud. Securities Arbitration and Investment Fraud Lawyers.  
National Practice. Contingent Fee. Confidential Free Consultation.

 (877) SEC-ATTY

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)