Galvin Legal is launching an investigation on behalf of investors who may have suffered losses investing with John Correnti. If you suffered losses investing with John Correnti, then Galvin Legal may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
John Correnti (CRD# 5319471)
As of June 19, 2018, John Correnti’s FINRA BrokerCheck Report contains the following:
1 Customer Dispute(s)
6/6/2011 – Customer Dispute – Settled
Allegations: PLAINTIFFS ALLEGE THAT DEFENDANTS MISMANAGED, MISREPRESENTED AND FRAUDULENTLY CAUSED PLAINTIFFS HARM IN INVESTMENT DURING THE PERIOD OF JULY 2009 TO AND INCLUDING MAY 2010. IN THEIR COMPLAINT, PLAINTIFFS ALLEGE A BREACH OF FIDUCIARY DUTY, NEGLIGENCE, NEGLIGENT MISREPRESENTATION, FRAUD, VIOLATION OF OHIO REVISED CODE CONCERNING THE CONDUCT OF AN INVESTMENT ADVISER IN OHIO AND BREACH OF CONTRACT.
Settlement Amount: $14,990.00
1 Regulatory Event(s)
1 Employment Separation After Allegations
7/26/2016 – Employment Separation After Allegations
Firm Name: AXA Advisors LLC
Termination Type: Discharged
Allegations: RR was terminated due to his apparent involvement in the possible market manipulation of a low price security.
1 Financial Disclosure(s)
10/11/2012 – Financial – Final
Type: Bankruptcy
Disposition: Discharged
Current and Previous Registrations
10/08/2015 – 07/28/2016 AXA ADVISORS, LLC (CRD#:6627) CLEVELAND, OH
05/15/2015 – 11/02/2015 FOREST SECURITIES,INC. (CRD#:16255) CHICAGO, IL
06/29/2007 – 09/23/2015 MVP FINANCIAL, LLC (CRD#:137662) BROADVIEW HTS, OH
02/04/2014 – 02/16/2015 ARIVE CAPITAL MARKETS (CRD#:8060) BROOKLYN, NY
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses investing with John Correnti and would like a free consultation with a securities attorney, then please call Galvin Legal at 1-800-405-5117.
Galvin Legal is a national securities arbitration, mediation, fraud, and investor protection law practice. For more information on Galvin Legal, please visit www.galvinlegal.com or call 1-800-405-5117.