Manilus, 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.
In FINRA Case 15-02749, a customer of Pinnacle Investments, the firm where Stanczyk previously was employed, alleges damages of $490,000 for unsuitable trades and unsuitable investments.
Stanczyk has been employed by Leigh Baldwin since 5/2013. He was employed by Pinnacle Investments from 6/2006-5/2013.
Brokers have a duty to make investment recommendations that are suitable for the customer, taking into account the age, health, investment objective and risk tolerance of the investor.
Investors with losses in accounts handled by Mark A. Stanczyk may be able to recover damages from his former employer 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.
Florida-561 391 1900