Investors apparently complained about securities broker Joseph John Badolato [CRD: 4769496, Delmar, New York], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Joseph Badolato has worked for Key Investment Services LLC since January 12, 2016, as a securities broker and since March 26, 2021, as a financial advisor. Read on to find out more about disclosures involving Joseph Badolato.
Key Investment Services Investor Accused Badolato Of Breach Of Contract And Negligence
Evidently, on February 10, 2026, a Key Investment Services client filed FINRA Arbitration No. 26-00242 about Joseph Badolato. Mainly, the client alleged that Badolato was negligent, breached his fiduciary duty, breached a contract, failed to supervise certain representatives, made misrepresentations, and violated FINRA conduct rules in connection with 2020 purchases of mutual funds and fixed annuities. For this reason, the client allegedly suffered damages. Consequently, the client requested $60,000 in compensation from Key Investment Services or Badolato. BrokerCheck shows that this arbitration is pending a resolution.
Joseph Badolato Disclosed Misrepresentation Allegations By Key Investment Services LLC Client
Also, a client of Key Investment Services LLC disputed Joseph Badolato’s sales practices by filing FINRA Arbitration No. 22-02869. Allegedly, Badolato made misrepresentations involving the March 2021 purchase of a structured product. It appears that Badolato allegedly caused the client to incur damages. As a result, Key Investment Services LLC opted to settle the matter on March 31, 2023, by compensating the client in the amount of $23,032.98.
Badolato Disclosed Sales Practice Violations Allegations By Citizens Securities Client
Additionally, a client of Citizens Securities Inc. contested Joseph Badolato’s sales practices, according to a complaint dated October 13, 2017. Allegedly, Badolato misled clients regarding Puerto Rico municipal bond investments purchased in February 2011. It appears that Badolato allegedly caused the client to experience damages on those municipal bonds. Therefore, the client sought compensation from Citizens Securities Inc. or Badolato in the amount of $108,982.29 in this matter. The complaint was denied on November 13, 2017.
Have You Made Investments Through Financial Advisor / Securities Broker Joseph Badolato?
Are you concerned about investments you made through Joseph Badolato? You can contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the country. Also, our securities lawyers represent investors on a contingency fee basis and advance all costs. Badolato and brokerage firms Badolato worked for deny allegations of sales practice violations.
