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.
Steven Graham (CRD 1977736) denies the allegations in a pending customer claim filed on August 11, 2026. The disclosure names Western International Securities as the firm, and the claim involves corporate bonds. No arbitrator has ruled on it. His BrokerCheck report also lists a settled bond dispute and a federal court matter from earlier years.
A claim filed on September 11, 2024 names Thomas Hamlin (CRD 2208505) over a 10% Senior Unsecured Note in iCap Fund III. Every disclosure on his BrokerCheck report involves an iCap private placement and names Somerset Securities as the firm. Each one settled, and a settlement is not an admission of wrongdoing.
Peter Po's most recent settlement came on June 28, 2026, when a corporate bond claim settled for $40,000. Po (CRD 3106974) appears in several settled customer disputes over corporate and high-yield bonds. The disclosures name NI Advisors or California Securities as the firm, and each matter ended in a settlement, not a finding.
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