Jason Garofalo Investigation
May 2022- Las Vegas, NV
According to publicly available records, Jason L. Garofalo, a broker with Ameriprise Financial in Las Vegas, NV, discloses a customer complaint.
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 September of 2012, FINRA case #12-03288, a customer of Tricor Financial, Garofalo’s prior employer, alleged unsuitable investments; negligence; misrepresentations and omissions; violations of the Nevada Securities Act and Regulations thereunder; violations of the FINRA Conduct Rules and NYSE Rules; breach of fiduciary duty/ constructive fraud and breach of contract. The case settled for $184,391.
In November of 2021, FINRA case#21-02782 was filed by a customer of Ameriprise Financial Services alleging that Garafalo made unsuitable investment recommendations and is seeking damages of $150,000. This case is still pending.
Garofalo has been with Ameriprise Financial Services since November of 2015. Before that time he was with Tricor Financial from 4/2007 to 2/2016.
If you have questions about an account handled by Jason Garofalo, call to speak with an experienced securities attorney. No charge for initial consultation.
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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