Investors potentially experienced sales practice violations by securities broker James Joseph Montalto [CRD: 711603, Northport, New York], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Montalto has been registered with RBC Capital Markets LLC since November 23, 2005. Read below to discover more about Montalto’s publicly reported disclosures.
Notably, a client filed a complaint about James Montalto. Mainly, the client alleged that Montalto engaged in unauthorized trading. Because of this, the client allegedly incurred damages on asset-backed bonds. As a result, on February 2, 2024, RBC Capital Markets LLC settled this matter by paying the client $14,500 in damages.
Particularly, a client of Advest Inc contested James Montalto’s sales practices by filing NYSE Arbitration No. 2003-014840. Allegedly, Montalto made misrepresentations and was negligent regarding risky mutual funds and other investments. It appears that Montalto allegedly caused the client to sustain damages. Therefore, NYSE Arbitrators issued an Award dated June 15, 2004 compelling Advest Inc or Montalto to compensate the client in the amount of $70,000.
Did you suffer any investment-related losses because of James Montalto? You can get in touch with Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Montalto and brokerage firms Montalto worked for deny allegations of sales practice violations.
Investors potentially experienced sales practice violations by securities broker Theodore William Byrer (also known as Ted Byrer) [CRD: 2980696, Westfield, Indiana], and FINRA sanctioned him, according to information disclosed through FINRA BrokerCheck. Byrer worked for Morgan Stanley from November 11, 2013, to April 20, 2023, and International Assets Advisory LLC, from May 9, 2023, to […]
Financial Industry Regulatory Authority (FINRA) sanctioned securities broker David Spencer Cooper [CRD: 5357930, New York, New York], given the public information found on BrokerCheck. Cooper worked for Joseph Gunnar Co. LLC from June 12, 2009, to June 24, 2024, and from September 24, 2024, to February 24, 2025. See below to discover more about Cooper’s […]
Securities and Exchange Commission (SEC) took action against securities broker Clarice Crystal Saw (also known as Clarice Chin Saw) [CRD: 2633118, Wilmington, Delaware], based on public information through FINRA. BrokerCheck identifies Wilmington, Delaware, as the location of Coastal Equities Inc., where Saw worked from November 21, 2022, to August 1, 2023; she also worked for […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com