BROKER REPORT: Rocco Guidicipietro

businessman-silhouette-1237565-228x300The investment and securities fraud attorneys at Malecki Law are interested in hearing from investors who have complaints regarding Alexander Capital LP financial advisor Rocco Guidicipietro.

According to his BrokerCheck report maintained by the Financial Industry Regulatory Authority (“FINRA”), Mr. Guidicipietro was most recently with Legend Securities and JP Turner prior to that.

Mr. Guidicipietro has at least four reportable disclosures on his FINRA record, including three customer disputes and a regulatory event.

In 2006, Mr. Guidicipietro was fined $113,035.00 and suspended for one month by the NASD (now FINRA) in connection with a private placement offering, per his BrokerCheck Report.

In 2011, FINRA records indicate that Mr. Guidicipietro was named in a customer dispute alleging failure to supervise.

Two years later in 2013, Mr. Guidicipietro’s FINRA records indicate he was involved in a customer dispute alleging “churning, unsuitable investments, common law fraud, breach of fiduciary duty and breach of contract.” The firm settled this dispute for $450,000, per FINRA.

In 2014, a year later, FINRA records indicate that Mr. Guidicipietro was involved in another customer dispute alleging churning, in which the customer received $60,000.

The attorneys at Malecki Law are regularly contacted by and regularly represent individuals who have lost money in connection with inappropriate securities transactions, including unauthorized trading and unsuitable investment recommendations, by financial advisors/stockbrokers.