The Financial Industry Regulatory Authority (FINRA) contains important disclosures in regard to securities broker Donald Angelo Durando (CRD#: 5509340, Hauppauge, New York). Namely, Durando, who worked for securities firms John Thomas Financial and PHX Financial Inc. (2014 to present), is involved in investor disputes. Here’s a closer look at the allegations raised by clients in these disputes. However, keep in mind that Durando and his securities firm employers deny allegations made by those investors.
Evidently, a client of PHX Financial disputed Donald Durando’s sales practices, according to a FINRA Arbitration Claim from March 2020. In particular, the client alleges that the securities firm or broker sold unsuitable investments. Supposedly, Durando caused the client to incur damages on over-the-counter equities and options. For this reason, PHX Financial acquiesced to resolving this matter, with no admission of liability, by paying the client $230,000 in damages in December 2021. BrokerCheck shows that Durando denies the allegations and is seeking expungement of this matter.
Evidently, a client of John Thomas Financial contested Donald Durando’s sales practices, per a FINRA Arbitration Claim. Specifically, the investor alleges unsuitable recommendations. It appears that the client received a $7,500 payment to resolve this matter. Durando denies the client’s allegations.
Did you suffer losses because of securities broker Donald Durando? You can get in touch with Soreide Law Group at (888) 760-6552 to chat with a helpful securities lawyer about a possible recovery of your losses. We take cases on a contingency fee basis and advance all costs. The firm has recovered considerable compensation for hundreds of United States investors who have sustained damages from securities brokers and financial advisors. Please note that Durando denies all allegations of sales practice violations.
Capstone Green Energy Holdings Inc., previously known as Capstone Green Energy Corporation, recently emerged from Chapter 11 bankruptcy. Specializing in microturbine technology, Capstone has been a player in the on-site power generation industry for over three decades. Despite its innovative products and services aimed at reducing energy costs and carbon footprint, the company has faced […]
Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Walter Paul Shoczolek III [CRD: 4488009, Cornelius, North Carolina], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Shoczolek worked for Avantax Investment Services Inc. from January 28, 2015, to October 2, 2023. Keep reading to […]
Investors might have sustained losses due to securities broker Vincent Anthony Sharpe (also known as Vincent Ottomanelli-Sharpe) [CRD: 5435813, Syosset, New York], according to disclosures on FINRA BrokerCheck. Evidently, Vincent Sharpe worked for Aegis Capital Corp. from August 5, 2016, to October 18, 2019, in Red Bank, New Jersey. Following his employment at Aegis Capital […]
Phone:
Fax: 1-954-760-6553
Email: [email protected]