APRIL 2017 UPDATE-In November 2016 a customer of Spartan Capital filed FINRA arbitration 16-3109 alleging damages of $27,376 for overconcentration, unauthorized use of margin and negligence.
ORIGINAL POST -May 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.
According to FINRA records, Jason M. Santini, has been registered with Spartan Capital Securities since 4/2015. Prior to that he was registered with Martinez-Ayme Securities (firm expelled by FINRA 6/2015), and prior to that he was registered with Blackbook Capital, LLC. From 8/2010-12/2012 he was registered with J.D. Nicholas & Associates.
FINRA records disclose that there is currently a customer dispute pending against Jason M. Santini:
- FINRA Case 15-00994- a customer while Mr. Santini was registered with Blackbook Capital alleges fraud, negligent misrepresentation and breach of fiduciary duty in connection with his account. Damages are alleged to be $250,000.
If you have losses in an account handled by Jason M. Santini 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.
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