Tag Archives: Joseph Gunnar investigation

Nicholas J. Schiano- Former Worden Capital Management Broker- Discloses Customer Disputes- NYC

September 2019, New York, NY

According to publicly available records Nicholas James Schiano   (CRD#4429212) ,  a  stockbroker currently registered  with Spartan Capital Securities,  disclose 1 prior customer dispute and 1 pending 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 August of 2017,   FINRA case #17-02149 was filed on behalf of a Legend Securities, Inc. customer alleging unsuitable transactions.   The case settled for $35,000.

In April of 2019, FINRA case #19-00916 was filed on behalf of a Legend Securities customer who alleged misrepresentation, negligence and breach of fiduciary duty.    The alleged damages are $208,000 and this case is still pending.

Legend Securities was expelled by FINRA from the securities industry in April 2017.

Nicholas Schiano  has been  employed with Spartan Capital Securities since August of 2017 .  He was previously employed with Worden Capital Management  from November 2016 until August of 2017.  His prior employment includes Legend Securities, Inc. Joseph Gunnar & Co.,  Brookstone Securities and Citigroup Global Markets, Inc.

If you have questions about an investment account handled by Nicholas James Schiano,  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Robert P. Solow- Former Trident Partners Broker-Discloses Pending Customer Suit- Melville, NY

September 2019, Melville, NY

According to publicly available records Robert Paul Solow   (CRD# 4532161) ,  a  stockbroker who is not not registered and who last worked for Joseph Gunnar & Co. ,   disclose a pending 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 March of 2018,   FINRA case #18-001954 was filed by a  customer of Trident Partners, alleging unsuitable transactions and seeking damages of $370,486.   That case is still pending.

Robert Solow  was employed with Joseph Gunnar & Co  from October 2016 until December  2017.  He was with Aegis Capital Corp.  from December 2015 until March of 2016.   Before that time he was with Worden Capital Management, J.D. Nicholas & Associates, Rockwell Global Capital and Trident Partners, LTD.   

If you have questions about an investment account handled by Robert Paul Solow,  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.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Robert Estevez, Former Investors Capital Corp Broker-Discloses Regulatory Matters-NY

March 2017- New York

According to publicly available records Robert Estevez , (CRD# 3161419) ,  a  stockbroker who previously worked for Investors Capital Corp and who is currently employed by Joseph Gunnar & Co.  disclose a pending regulatory investigation, 2 prior finalized regulatory matters, 5 final customer disputes and 3 outstanding judgement/liens.

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 the currently pending regulatory matter, Michigan securities regulators seek to deny Estevez’s registration in that state because, according to their allegations: “Estevez…is the subject of a Cease and Desist Order issued by the State of New Hampshire, and Applicant’s liabilities exceed his assets and the Administrator has made a finding of insolvency as to Applicant…”

In a prior regulatory matter while he was employed by Investors Capital Corp., the State of New Hampshire fined Estevez $50,000 and alleged that ” The State found that individuals in the branch where Mr. Estevez was located made telemarketing calls into the state of New Hampshire to persons on the National Do Not Call List. The State found that Mr. Estevez may have initiated some of these calls”. 9/2014- Com-2013-00002-00004. 

Public records disclose that Estevez has three outstanding IRS liens of $56,135 , $15,646 and $59,897.

Estevez has been registered with Joseph Gunnar & Co.  since 9/2016. He was registered with Investors Capital Corp. from 12/2008-9/2016.

Investors Capital Corp., a part of the Cetera Group, wound down operations during 2016. Many of the brokers were transferred to Summit Brokerage Services.

INVESTORS CAPITAL CORP. SUBJECT OF 21 REGULATORY MATTERS–CEASES OPERATIONS FALL 2016

Investors Capital Corp. withdrew its registration with FINRA in fall 2016. Investors Capital has been named in 21 regulatory matters and a number of customer arbitrations. For more information on Investors Capital Corp, follow this link. 

If you have questions about an account in an account handled by Robert Estevez, contact us 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: 877-224-3199Florida-561 391 1900 

Texas-512-329-2870

John J. Santariello-Arive Capital Markets Broker-Discloses Customer Complaint Alleging Speculative Trading

August 2016- Coram, NY

The FINRA records of John J. Santariello ,  a  stock broker who is currently  employed by Arive Capital Markets  disclose  a currently pending customer dispute and a prior financial event.

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 currently pending FINRA Case#14-02955 , a customer of his prior employer, K.C. Ward Financial, alleges damages of $100,000 for account losses from 2012 through May 2014 due to unsuitable and excessive trading of high-risk, speculative stocks.

Santariello has been employed by  Arive Capital Markets since 7/2016. His prior employment includes:

  • Cape Securities                                                 8/2015-6/2016
  • Joseph Gunnar                                                   7/2015-7/2015
  • Wilmington Capital Securities                 3/2014-5/2015
  • National Securities Corp                            8/2013-2/2014
  • K.C. Ward Financial                                      2/2010-5/2013

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

Thomas J. Briguccia-K.C. Ward Financial Broker-Discloses Customer Disputes & Outstanding Judgments

August 2016- Ronkonkoma, NY

The FINRA records of Thomas J. Briguccia, Jr. ,  a  stock broker who is currently  employed by K. C. Ward Financial  disclose 3 currently pending customer disputes, a6 prior customer disputes and 5 currently outstanding judgement/liens.

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 currently pending FINRA Case#14-02641, a customer of K.C. Ward Financial alleges damages of $100,000 for trading losses.

In currently pending California Superior Court Case #37-2009-0009671 , a customer of Briguccia’s prior employer Joseph Gunnar & Co. , alleges damages of $141,994 for misrepresentation of risks, omission of information and emotional distress.

Briguccia discloses five outstanding liens recorded at the Circuit Court for Palm Beach County, Florida, including one in the amount of $106,304 in favor of JP Morgan Chase Bank and one in the amount of $438,901 in favor of Wells Fargo Bank.

Briguccia has been employed by  K.C. Ward Financial  since 9/2009. Prior to that he was employed by Joseph Gunnar & Co. from 12/1997-9/2009.

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