Soreide Law Group, based in South Florida, obtained the following information on the former Florida broker from FINRA’s website under, “Disciplinary and Other FINRA Actions” from January of 2020.
ROBERT FREDERICK GENITO (CRD# 4760338) was barred by FINRA from acting as a broker or otherwise associating with a broker/dealer firm on November 22, 2019.
According to FINRA, without admitting or denying FINRA's findings, ROBERT FREDERICK GENITO consented to the sanction and to the entry of findings that he allegedly refused to appear for a FINRA on the record testimony requested by FINRA after it began an investigation following the receipt of a Form U5 filed by Genito’s member firm, PFS INVESTMENTS INC of Bonita Springs, Florida.
FINRA’s findings stated that the Form U5 indicated that PFS INVESTMENTS INC allegedly terminated ROBERT FREDERICK GENITO’s registration because it discovered that he was allegedly involved in an undisclosed outside business activity or private securities transaction.
FINRA Case #2019061049701
According to FINRA’s BrokerCheck, which is available to the public on FINRA’s website, ROBERT FREDERICK GENITO, has four disclosures on his CRD report. One of the disclosures is a "Customer Dispute" from August of 2009 that settled for $15,000 following allegations of unsuitability.
Robert Genito was in the securities industry for 14 years and listed with only the following firm:
04/02/2004 - 12/27/2018 PFS INVESTMENTS INC. - BONITA SPRINGS, FL
If you’ve suffered investment losses due to the actions or recommendations of the former PFS INVESTMENTS INC of Bonita Springs, Florida, broker ROBERT FREDERICK GENITO, contact the South Florida-based Soreide Law Group and speak to an experienced securities lawyer at no cost regarding the possible recovery of your financial losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents clients nationwide before FINRA. We operate on a contingency fee basis—no fee to you if no recovery.