On July 25th., 2014, the Financial Industry Regulatory Authority (FINRA) charged five brokers formerly with New York based, Newport Coast Securities Inc. According to FINRA's charges, allegedly the brokers, Andre LaBarbera, David Levy, Antonio Costanzo, Douglas Leone, and Donald Bartelt churned 24 customers accounts from September, 2008 through May, 2013. Allegedly the five brokers used […]
