Category Archives: Trident Partners

Theodore Allocca, Jr.-Trident Partners Stockbroker-Discloses Customer Arbitration

Woodbury, New York

According to FINRA records, Theodore Allocca, Jr.  a broker who is currently registered  with Trident Partners Ltd. , discloses a pending customer dispute. Allocca has been registered with Trident Partners since 12/2001.

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 15-02510, a customer alleges damages of $400,000 for unsuitability and poor performance between 11/26/2013-11/12/2014.

In a prior customer arbitration, NASD Case 99-2438, a customer alleged misrepresentations and breach of fiduciary duty and damages of $525,804. That case was settled for $350,000.

If you have questions about  a brokerage account handled by Theodore Allocca, Jr.  , call to discuss your legal 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

Timothy Longo-Former Trident Partners Broker-Named in Customer Disputes

May 2016-Hauppauge, 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 recordsTimothy V. Longo has been registered with American Capital Partners  since 8/2015. Prior to that he was registered with Trident Partners, Ltd. from 1/2006-8/2015.

FINRA records disclose that Longo is currently named in two customer disputes both of which involve exchange traded note sales to customers while he was registered with Trident Partners. In both cases the customers allege that the sale of the exchange traded notes was unsuitable in regards to the customer’s risk tolerance and investment objectives.

If you have losses in an account handled by Timothy V. Longo contact us 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

Former Trident Partners Broker William Quigley Investigation

May 28,2015

Rex Securities Law is investigating former Trident Partners, Ltd. broker William Michael Quigley.

The Securities & Exchange Commission filed an administrative proceeding (File No. 3-16560) against William Michael Quigley alleging that he and his two brothers conducted a fraudulent offering scheme by duping foreign investors into sending funds to various US banks and brokerage accounts for purported investments in companies slated to go public. Investors were led to believe they were investing in well known companies like Dell, Berkshire Hathaway and BlackRock Inc. as well.

According to the SEC pleading, Quigley, of Seaford, New York,  and his brothers, who live in the Philippines,  used “every trick in the book” to defraud the victims, including phony account statements, phony stock certificates and fake names. When one investor tried to get his money back he was told that one of the fictitious persons who supposedly handled the investment had died in a motorcycle accident.

According to FINRA records, Quigley was the compliance director for Trident Partners Ltd., a broker dealer in Westbury, N.Y. He was registered with Trident  from 10/2007-9/2014.

If you have losses in an account at Trident Partners, call to learn how you may be entitled to 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