Investors apparently complained about securities broker Vincent Anthony Pallitto Jr. (also known as Vince Pallitto and Vinny Pallitto) [CRD: 3236328, Florham Park, New Jersey], according to disclosures on FINRA BrokerCheck. Apparently, Vincent Pallitto has been registered with LPL Financial LLC since December 1, 2000, in a broker capacity and since May 31, 2002, as an investment adviser. Keep reading to learn more about the client disputes involving this broker.
Particularly, on December 29, 2023, an LPL Financial LLC client filed FINRA Arbitration No. 24-00006 about Vincent Pallitto. The client alleged that Pallitto made unsuitable recommendations. Because of this, the client allegedly sustained damages on real estate securities. As a result, the client requested damages in compensation from LPL Financial LLC or Pallitto. Evidently, this arbitration is pending a resolution. The individual denies any wrongdoing and says the customer’s claims are false. The customer had supposedly invested in the same products previously.
Specifically, a client of Northeast Securities Inc. contested Vincent Pallitto’s sales practices, according to a complaint. Allegedly, Pallitto made unsuitable recommendations about over-the-counter equities. Consequently, Northeast Securities opted to settle the matter on June 2, 2000, by compensating the client in the amount of $14,391.94.
Seeking more information about Vincent Pallitto? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Pallitto and brokerage firms Pallitto worked for deny accusations of sales practice violations.
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JOSEPH KELLY (JOE KELLY) has been registered as a broker with VCS VENTURE SECURITIES of New York, NY since 6/17/2026. He was previously registered with SPARTAN CAPITAL SECURITIES LLC of New York, NY from 01/13/2017 - 12/18/2024. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JOSEPH KELLY has 21 years of experience […]
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CENTAURUS FINANCIAL, INC (Respondent). The Claimants reside in Arizona and are retired. The Claimants were seeking stable investments that would provide them with income. The lawsuit states that the Claimants have a long-standing relationship with CENTAURUS FINANCIAL and its Financial Advisor, […]
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