Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker Ruben Javier Frezzotti [CRD: 4439983, Coral Gables, Florida], given the disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Frezzotti's employment at Raymond James Associates Inc., spanning from February 13, 2013, to October 10, 2023, has been marked by client disputes alleging unsuitable recommendations and misrepresentation. Keep reading to discover more about these allegations and the impact they may have had on investors.
Specifically, on September 21, 2023, Raymond James Associates Inc. disaffiliated with Frezzotti. Namely, Raymond James alleged that Frezzotti engaged in conduct inconsistent with firm policies concerning an outside business activity related to real estate lending.
Ruben Frezzotti disclosed allegations by a Raymond James Associates Inc. client who filed FINRA Arbitration: 21-01873. Allegedly, Frezzotti recommended unsuitable trading in an offshore fixed annuity whose issuer is no longer solvent and is under a liquidation order. It appears that Frezzotti caused the client to sustain damages. For this reason, Raymond James Associates Inc. opted to settle the matter on January 5, 2023, by compensating the client in the amount of $900,000.
Raymond James and Morgan Keegan Company investors accused Ruben Frezzotti of breach of fiduciary duty, negligence, breach of contract, violation of Florida securities laws, misrepresentations, and omissions relating to real estate securities, according to FINRA Arbitration: 17-03139. As a result, on September 20, 2019, a FINRA Arbitration Panel issued an Award ordering Frezzotti and Raymond James to collectively pay the client $43,827 in damages.
Also, a Morgan Keegan Company Inc. client accused Frezzotti of unsuitable recommendations and misrepresentation regarding a real estate investment trust purchased in 2008. Evidently, the client filed FINRA Arbitration: 12-01850 requesting damages caused by the broker on real estate securities transactions. Therefore, on December 18, 2013, Morgan Keegan Company Inc. settled this matter by paying the client $25,000 in damages.
A claim filed with Morgan Keegan Company Inc. alleges misrepresentation, unsuitable recommendations, and churning concerning transactions involving variable annuities and real estate investment trusts (REITs) between 2005 and 2007. Consequently, the investor settled on November 14, 2012, for $5,000. FINRA Arbitration: 11-04591
Did you experience losses because of Ruben Frezzotti? If so, consider reaching out to Soreide Law Group online or by phone at (888) 760-6552 to speak with a securities attorney about potentially recovering your investment losses. Importantly, Soreide Law Group assists investors across the United States on a contingency fee basis, advancing all costs. Frezzotti and the firms he worked for have denied allegations of sales practice violations.
Investors might have sustained losses due to securities broker James Fredrick Tighe [CRD: 3129233, Phoenix, Arizona], and Financial Industry Regulatory Authority barred him, based on public information on BrokerCheck. Tighe was associated with Morgan Stanley from June 1, 2009, through January 14, 2025. Continue reading to find out more about Tighe’s regulatory and client dispute […]
Investors potentially experienced sales practice violations by securities broker Sung Moo Cho (also known as Sam Cho) [CRD: 5015906, New York, New York], and FINRA barred him, given the public information found on FINRA BrokerCheck. Cho was associated with Ameriprise Financial Services from January 22, 2021, to October 21, 2025, and Citigroup Global Markets from […]
Investors potentially incurred losses because of securities broker Raymond Trey Brown [CRD: 6170291, Frisco, Texas], and FINRA sanctioned him, according to disclosures on FINRA BrokerCheck. Brown worked for Northwestern Mutual Investment Services LLC, from March 17, 2014, to December 13, 2024. See below to learn more about Brown’s disclosures. FINRA Sanctioned Raymond Brown For Failure […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com