Category Archives: Chelsea Financial Services

Matthew DiGregorio-Former J.D. Nicholas Broker-Discloses Pending Regulatory Matter

July 2016- Melville, NY

The FINRA records of Matthew DiGregorio  , a stock broker who formerly worked for Aegis Capital and J.D. Nicholas & Associates , disclose  a currently pending regulatory matter, a prior final regulatory event, 5 prior final customer disputes  and 3 outstanding judgement/liens

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 a currently pending FINRA Case # 2015045909501, FINRA alleges that DiGregorio failed to pay an award as ordered by a FINRA arbitration panel to his former partners at a FINRA member firm and during the investigation told FINRA he does not intend to honor the award. The complaint alleges that DiGregorio refused to produce any documents responsive to the arbitration panel’s orders, specifically in relation to his claims that his child was involved in an accident that resulted in an adjournment or the panel hearings.

In prior regulatory matter 13-0570 DiGregorio was suspended in 8/2015 for failure to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information.

DIgregorio discloses the following judgements:

  • a judgement in favor of Volvo Car in the amount of $3,858.74
  • a judgement related to the dispute with his former partners in the amount of $3,452.93
  • a judgment in favor of Stacey DiGregario in the amount of $11,617.57

DiGregorio  was employed by Aegis Capital from 6/2015-8/2015, with J.D. Nicholas & Assoc. from 1/2013-7/2015 and before that with Legend Securities from 6/2012-1/2013. He was with Chelsea Financial Services from 9/2010-7/2012.

If you have losses in an account handled by Matthew DiGregorio , 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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Salvatore Gioe- PHX Financial-Named in Unauthorized Trading Complaint

New York

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.

According to FINRA records, former  stockbroker Salvatore Gioe , who is not currently registered ,  discloses ten prior customer disputes, including:

  • FINRA Case 13-1018- a customer of Gioe while he was registered with First Midwest Securities alleged damages of $350,000 for unauthorized trading, account churning, and other claims. That case was settled for $65,000.

Gioe discloses a currently pending customer disputes  made by a customer while Gioe was registered with PHX Financial who alleges damages of $22,994 for unauthorized trading.

Salvatore Gioe was registered with Chelsea Financial Services from 3/2016-3/2016, with Avenir Financial Group from 1/2015-2/2016 and with PHX Financial  from 10/2012-12/2014. 

If you have questions about an account handled by Salvatore Gioe  contact us to discuss your options and to learn how you may be able to recover damages through FINRA arbitration.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Robert Gill-Chelsea Financial Services-Reports 18 Disclosure Events on FINRA Record

Tinton Falls, NJ

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.

According to FINRA records,  stockbroker Robert E. Gill , who is currently registered with Chelsea Financial Services,  makes 18 disclosures on his official FINRA record, including:

  • Five finalized regulatory events. In 9/2015 Gill was fined $5,000 and suspended for one month to resolve FINRA allegations that he borrowed $100,000 from a customer of his member firm J.P. Turner without obtaining firm approval.
  • Five settled customer disputes including a customer claim for $1,090,718 for unsuitable investments, churning, negligence, misrepresentation and breach of fiduciary duty while he was registered with J.P. Turner &  Company. That matter was settled for $700,000.

 

Robert E. Gill has been registered with Chelsea Financial Services since 11/2013. He was registered with J.P. Turner & Co. from 4/2003-10/2013.

If you have questions about an account handled by Robert E. Gill  contact us to discuss your options and to learn how you may be able to recover damages through FINRA arbitration.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Denise A. Cerveny Discloses Termination from Regal Securities

Secaucus, NJ

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.

According to FINRA records,  stockbroker Denise A. Cerveny, who is currently registered with Chelsea Financial Services,  discloses that she was discharged by Regal Securities on 6/4/2015.

Regal Securities made the following statement on FINRA records with regard to the termination:

“violations of internal policies and procedures, including facilitating the alteration of signed customer account documentation, failure to enforce security protocols to ensure that an unregistered person could not access confidential customer information and providing that person access to commission payment account, failure to disclose outside business activities, and failure to report customer complaint to compliance department for review.”

According to FINRA records, Denise A. Cerveny was also registered with Landmark Investment Group previously 

If you have questions about an account handled by Denise A. Cerveny  contact us to discuss your options and to learn how you may be able to recover damages through FINRA arbitration.

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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870