ROBERT GIANCHIGLIA’s Clients Complain

Ameritas Broker Robert Gianchiglia Purportedly Misrepresents Facts Relating To Securities Transactions

Investors are voicing complaints and serious concerns in regard to securities broker Robert Gianchiglia [CRD#: 2117250, Worcester, Massachusetts]. Evidently, Gianchiglia worked for Ameritas Investment Corp. between August 2005 and May 2017 and joined USA Financial Securities Corporation in April 2017. Notably, Gianchiglia discloses six investor disputes on his Financial Industry Regulatory Authority (“FINRA”) BrokerCheck Report. Apparently, clients indicate that he misrepresented alternative investments and breached a fiduciary duty, among other things. For additional information concerning Gianchiglia, see below.

Robert Gianchiglia Allegedly Misrepresents Private Placements

Apparently, a client of Ameritas Investment Corp. brought FINRA Arbitration #: 19-03388 on November 19, 2019 regarding Gianchiglia. Allegedly, the broker misrepresented private placements. It is possible that when selling these products, Gianchiglia falsified information about their features, benefits, costs or risks. For this reason, the client made a claim for $200,000 in compensatory damages from Ameritas Investment Corp. or Gianchiglia in this ongoing matter.

Ameritas Investment Corp. Client Suggests Gianchiglia Breached Fiduciary Duty

Evidently, on March 28, 2017, an Ameritas Investment Corp. client filed FINRA Arbitration #: 17-00693 about Robert Gianchiglia. Apparently, the client indicated that Gianchiglia negligently recommended or sold investments and that Ameritas Investment Corp. failed to supervise him. Supposedly, the securities broker breached a fiduciary duty by placing his interests before the client’s interests. Also, Gianchiglia allegedly did not comply with an investment agreement relating to DPPs or LPs. Moreover, the client indicated that the securities broker executed unauthorized trades. As a result, on October 15, 2018, Ameritas Investment Corp. resolved this issue through paying the client $45,000.

Robert Gianchiglia Purportedly Sold Unsuitable Alternative Investments

Evidently, a client of Investors Capital Corp. and Ameritas Investment Corp. contested Robert Gianchiglia’s sales of alternative investments by bringing a complaint dated January 26, 2015. Allegedly, Gianchiglia made inappropriate sales of oil & gas securities, DPPs and LPs. It is possible that Gianchiglia failed to consider the client's risk tolerance or some other aspect of the client’s investment profile. Also, the securities broker allegedly made false representations about the investments. However, the client’s claim was denied.

Losses From Broker Robert Gianchiglia?

Have you experienced losses by investing with Robert Gianchiglia? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel in regard to possibly recovering your investment losses. Soreide Law Group represents clients on a contingency fee basis and will advance all costs. The law firm has recovered millions of dollars for clients who have incurred losses due to misconduct of securities brokers like Gianchiglia and their employing brokerage firms.