Category Archives: Tryco Securities

Yousuf Saljooki Named In $750K Customer Complaint Alleging High Pressure Sales Techniques

Farmingdale, New York

APRIL 2016

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.

FINRA records are public and can be accessed on the BrokerCheck website. 

The FINRA records of Yousuf Saljooki  disclose  2 final customer disputes and 1 pending customer disputes .

In  the pending case, FINRA Case 16-00405, a customer of Saljooki while he was previously employed by New Castle Financial Services ,now known as Brookville Capital Partners, and Legend Securities alleges that Saljooki used high pressure sales techniques, made unsuitable investments, churned the account and charged excessive and hidden commissions. Damages, which include punitive and exemplary damages exceed $750,000 are alleged.

Saljooki has been registered with Salomon Whitney Financial  since 8/2015.  He was previously registered with  Legend Securities 3/2015-8/2015, Tryco Securities 3/2015-3/2015  and Brookville Capital Partners 7/2009-3/2015

If you have losses in an account handled by Yousuf Saljooki  , and believe that your account was mishandled, call 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

Richard J. Coleman Investigation-Former Legend Securities Broker-Melville, NY

Melville, NY

MAY 2017 UPDATE-FINRA records report that Richard J. Coleman left his employment at Salomon Whitney Financial 3/2017 and as of May 11 he is not currently registered.

ORIGINAL POST MARCH 2016

FINRA records report that Richard J. Coleman, who is currently registered with Salomon Whitney Financial, has been named in 7 customer disputes that have been resolved, including the following:

  • A 2011 complaint received while Coleman was employed by Rockwell Global Capital alleged issues with OTC equities was settled for $210,000.
  • A 2007 customer complaint while Coleman was employed by New Castle Financial Services alleging “poor performance” was settled for $100,000.

In 12/2009, Coleman filed for Chapter 7 Bankruptcy protection, according to FINRA.

Prior to joining Salomon Whitney Financial, Coleman was employed by 17 other broker dealers since 1998,. Most recently he was employed by Legend Securities from 3/2015-2/2016. See his FINRA record for full details. 

If you have losses in an account handled by Richard Coleman, you may be able to collect damages from his employing firm. Call to speak with an experienced securities attorney.

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