Investors potentially incurred losses because of securities broker Michael Maggiore [CRD: 5596240, Woodbridge, New Jersey], based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Michael Maggiore worked for Equitable Advisors LLC from October 2, 2008, to the present, including registrations in Woodbridge, New Jersey; Colts Neck, New Jersey; and Naples, Florida. Investors are encouraged to continue reading to discover more about the disclosures involving this securities broker.
Notably, on September 22, 2025, an Equitable Advisors LLC client filed a complaint about Michael Maggiore. Mainly, the client alleged that Maggiore made misrepresentations in connection with two variable annuities sold in 2020 and 2022, which were not aligned with the client’s needs. For this reason, the client allegedly sustained damages pertaining to those variable annuities. Consequently, the client requested compensation from Equitable Advisors LLC or Maggiore. The complaint was denied on October 7, 2025.
Specifically, a client of Equitable Advisors LLC contested Maggiore’s sales practices by filing FINRA Arbitration No. 23-03300. Allegedly, Maggiore made unsuitable recommendations involving real estate investment trusts (REITs). It appears that Maggiore allegedly caused the client to sustain damages linked to the real estate securities. As a result, Equitable Advisors LLC opted to settle the matter on January 14, 2025, by compensating the client in the amount of $28,350.15.
Additionally, on December 10, 2014, an AXA Advisors LLC client filed a complaint about Michael Maggiore. Primarily, the client alleged that Maggiore made misrepresentations in the sale of a variable life insurance policy. Because of this, the client allegedly incurred damages. Therefore, the client requested compensation from AXA Advisors LLC or Maggiore. The complaint was denied on January 28, 2015.
Did you suffer any investment-related losses because of Michael Maggiore? Get in touch with Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the United States. Also, the firm works on a contingency fee arrangement and advances all costs. Maggiore and brokerage firms Maggiore worked for deny any allegations of sales practice violations.
JOHN LAWRENCE ALEX (JOHN L ALEX) has been registered both as a broker and financial advisor with MORGAN STANLEY of Morristown, New Jersey, since11/15/2011. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOHN L ALEX has 36 years of experience in the securities industry and has been registered with 4 firms. Alex […]
JOSEPH KELLY (JOE KELLY) has been registered as a broker with VCS VENTURE SECURITIES of New York, NY since 6/17/2026. He was previously registered with SPARTAN CAPITAL SECURITIES LLC of New York, NY from 01/13/2017 - 12/18/2024. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOSEPH KELLY has 21 years of experience […]
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CENTAURUS FINANCIAL, INC (Respondent). The Claimants reside in Arizona and are retired. The Claimants were seeking stable investments that would provide them with income. The lawsuit states that the Claimants have a long-standing relationship with CENTAURUS FINANCIAL and its Financial Advisor, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com