Soreide Law Group has recently been contacted by investors who purchased:
through broker, TIMOTHY VINCENT LONGO CRD#: 3059691
| VXX’s 52 Week Range | 13.78 - 71.48 |
Today it is trading around 13.80
YTD Return -41.16%
Soreide Law Group is investigating Timothy Longo’s selling of VXX to his customers. Longo was previously registered from 01/30/2006 to 08/22/2015, with TRIDENT PARTNERS LTD of WOODBURY, NY. He is currently registered since 8/21/2015 with AMERICAN CAPITAL PARTNERS, LLC of HAUPPAUGE, NY.
According to FINRA’s BrokerCheck, on 8/22/15 there was an “Employment separation after allegations,” from Trident Partners. Timothy Longo has been in the securities industry for 18 years and was listed with 6 firms. There are 10 Disclosures on his FINRA BrokerCheck, with 8 of them listed as “Customer Disputes.” Some of the allegations listed on the pending disputes are: unauthorized trading, and unsuitable investments consistent with clients risk tolerances. Some of the allegations from the settled disputes were: poor performance, unsuitable investments and breach of fiduciary duties.
Investing in VXX may not be suitable for some clients due to their risk tolerances. If you invested in VXX with Timothy Longo currently with American Capital Parnters, formerly with Trident Partners, both in New York, and experienced losses due to his recommendations, actions or failed supervision by his firm, contact Soreide Law Group for a consultation with an experienced securities lawyer regarding your possible recovery of your investment losses at: 888-760-6552.
Soreide Law Group represents clients nationwide before FINRA and we operate on a contingency fee basis. Let our years of experience work for you.
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