September 2017 -Boca Raton, FL
According to publicly available records Gaetano “Guy” Magarelli (CRD#2227996) , a stockbroker who is registered with Newbridge Securities Corporation , disclose 2 pending customer disputes , 3 prior customer disputes and an outstanding judgment/lien.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In currently pending claim brought in 6/2017 a customer of Newbridge Securities seeks damages of $84,000 for mishandling of their account.
In currently pending FINRA Case 17-2215, a customer of Newbridge Securities seeks damages of $266,335 and alleges unsuitable trading from 12/2010-2/2017.
Magarelli has been employed by Newbridge Securities since 3/2010.
If you have questions about an account handled by Gaetano Magarelli at Newbridge Securities, contact us to discuss your options.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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