NASD Tag Archives — New York Securities Fraud Lawyers Blog

BROKER REPORT: Aegis’ Robert Guidicipietro

July 27, 2016 | Malecki Law Team

The investment and securities fraud attorneys at Malecki Law are interested in hearing from investors who have complaints regarding Aegis Capital Corp. financial advisor Robert Guidicipietro.

According to his BrokerCheck report maintained by the Financial Industry Regulatory Authority (“FINRA”), Mr. Guidicipietro was most recently with JP Turner and Obsidian Financial prior to moving to Aegis Capital in 2012. According to industry records, Obsidian was expelled by FINRA in 2013, not long after Mr. Guidicipietro left the firm.

Mr. Guidicipietro has at least nine reportable disclosures on his FINRA record, including a civil judgment/lien, multiple customer disputes, multiple regulatory events and an “employment separation after allegations.”

BROKER REPORT: Oppenheimer & Co.’s Joseph Iovino

July 19, 2016 | Malecki Law Team

The investment fraud attorneys at Malecki Law are interested in hearing from investors who have complaints regarding Oppenheimer & Co. broker Joseph Iovino. According to his BrokerCheck report maintained by the Financial Industry Regulatory Authority (“FINRA”), Mr. Iovino has been the subject of seven reportable disclosure events, including customer complaints.

Per FINRA records, Mr. Iovino has been involved in two regulatory events, four customer complaints and an employment separation after allegations.

According to his BrokerCheck, in 1992, Mr. Iovino was terminated by Prudential Securities for violating firm policy.

Seven Complaints Against Broker and Financial Advisor Jeffrey A. Fladell

August 28, 2015 | Jenice L. Malecki, Esq.

The securities fraud team at Malecki Law is interested in investigating possible claims on behalf of investors who have complaints regarding broker and investment advisor Jeffrey A. Fladell. Registered with RBC Capital Markets, Fladell has been the subject of multiple investigations, customer disputes and settlements since 1987, according to Financial Industry’s Regulatory Authority (FINRA’s) BrokerCheck.

In 2014, there was a customer complaint reported against Fladell for alleged unsuitable investments and overconcentration in municipal bonds which was adverse to their investment objectives, and the claimant was granted $75,000 in damages. In another customer complaint involving similar securities misconduct allegations, the customer dispute was settled for $1,000,000 in 2013. Previous complaints registered with FINRA against Fladell involve allegations of unsuitability, overconcentration and misrepresentation dating back to 1987.

In 1992, National Association of Securities Dealers (NASD) subjected him to a statutory disqualification as a result of his guilty plea to one misdemeanor count of submitting a false document to the IRS in connection with his income tax return. Fladell was previously registered with J.B. Hanauer & Co, Halpert and Company, Travelers Equities Sales, Swanton Securities, Hermes Securities and Bernard Schnitzer.