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John Calardo- Former Worden Capital Broker- Discloses $300K Pending Customer Suit Alleging Churning- NYC

John Calardo- Former Worden Capital Broker- Discloses $300K Pending Customer Suit Alleging Churning- NYC

John Calardo- Former Worden Capital Broker- Discloses $300K Pending Customer Suit Alleging Churning- NYC 150 150 Rex Securities Law

July 2020, New York, NY

According to publicly available records John Calardo   (CRD# 6063938) ,  a  currently unregistered stockbroker who previously registered  with Four Points Capital Partners & Worden Capital Management,  disclose a recently settled  customer dispute.

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 2/2019,   FINRA case #19-00424 was filed on behalf of a Worden Capital Management customer from Wisconsin alleging violation of the Wisconsin Uniform Securities Act, negligence and negligent misrepresentation, unsuitability, fraud, churning and excessive trading.   In 8/2020 the matter was settled for $65,000.

John Calardo   was employed  with Four Points Capital Partners from 3/2017-5/2018 .  He was previously employed with Worden Capital Management  from 11/2016 -3/2017.  Before that he was with Legend Securities, Inc. Joseph Gunnar & Co. and Brookstone Securities.

If you have questions about an investment account handled by John Calardo  contact us for a no charge consultation to learn about 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.

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Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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