Investors might have sustained losses due to securities broker Anthony Steven Martinelli [CRD: 2590758, Berwyn, Pennsylvania], based on publicly available information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Martinelli joined LPL Financial LLC on June 13, 2014, and Jacobi Capital Management LLC on June 13, 2014. Read on to know more about the securities broker’s disclosures.
LPL Financial Investor Accused Martinelli Of Failure To Follow Instructions
Particularly, on July 17, 2024, an LPL Financial client filed FINRA Arbitration No. 24-01563 about Anthony Martinelli. The client alleged that Martinelli failed to follow instructions regarding options trades. The claim also alleged poor performance in the client’s investment portfolio. Because of this, the client allegedly sustained damages relating to options and stocks. Thus, the client requested $3,000,000 in compensation from LPL Financial or Martinelli. Evidently, this arbitration is pending a resolution.
Anthony Martinelli Disclosed Misrepresentation Allegations By New England Securities Client
Notably, a client of New England Securities disputed Anthony Martinelli’s sales practices, according to a complaint dated June 22, 2004. Allegedly, Martinelli made misrepresentations about variable annuity guarantees. He also supposedly stated that the client could withdraw funds without incurring penalties. It appears that Martinelli allegedly caused the client to sustain damages. So, the client sought compensation from New England Securities or Martinelli in the amount of $25,460.66 in this matter. However, the firm denied this complaint.
Have You Made Investments Through Securities Broker / Financial Advisor Martinelli?
Do you need clarification on any investment losses relating to Anthony Martinelli? You can contact Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney. For years, Soreide Law Group has recouped losses for investors throughout the US. Also, the firm takes investor cases on a contingency fee arrangement and advances all costs. Martinelli and brokerage firms Martinelli worked for deny accusations of sales practice violations.
