DID ANGELO VITALE CAUSE YOU INVESTMENT LOSSES?
Angelo Vitale Of Alexander Capital Has 2 Customer Complaints For Alleged Broker Misconduct
About Angelo Vitale Of Alexander Capital?
Angelo Vitale (CRD #2793984) has had a lengthy career in the financial services industry, previously registered with several firms including Alexander Capital, L.P., Aegis Capital Corp., and GunnAllen Financial, Inc., among others. His career has spanned from at least 1996 to 2021, indicating over two decades of experience in the field. Vitale has passed two general industry/product exams and two multi-state securities law exams, which aligns with his extensive registration across different firms and roles. His diverse experience across various New York-based firms showcases his deep involvement in the brokerage industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Angelo Vitale Customer Complaints and Reviews
Angelo Vitale has two reported customer disputes:
- Customer Dispute 1:
- Filing Date: January 2, 2020
- Allegations: Claimant alleges unsuitability, breach of contract, and breach of fiduciary duty during his tenure at Aegis Capital Corp.
- Outcome: Settled on February 4, 2022, for $137,789.69. Vitale did not contribute to the settlement amount.
- Customer Dispute 2:
- Date Complaint Received: April 14, 2000
- Allegations: The client alleged two unauthorized trades during Vitale’s time at Schneider Securities, Inc.
- Outcome: Settled on April 26, 2000, for $21,337.88. Vitale acknowledged the settlement was to avoid the costs of defending the claim and paid the full settlement amount.
Allegations Against Angelo Vitale
- Allegations from Customer Dispute 1:
- Details: The claim involved allegations of unsuitable investment advice, breaches of contractual and fiduciary duties, which are significant accusations reflecting on his professional conduct and decision-making.
- Resolution: The matter was settled financially, indicating a resolution was reached without a formal admission of wrongdoing, yet it involved significant monetary compensation.
- Allegations from Customer Dispute 2:
- Details: The client accused Vitale of making unauthorized trades, a serious claim that suggests potential overreach in managing client accounts.
- Resolution: Although settled with a financial payment by Vitale, he maintains that the settlement was purely for pragmatic reasons rather than an admission of any wrongdoing.
Angelo Vitale Red Flags & Your Rights As An Investor
Of course, Angelo Vitale did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Angelo Vitale at Alexander Capital on alert to review carefully the activity and performance of their accounts and question whether Angelo Vitale has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Alexander Capital also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Alexander Capital Due To Angelo Vitale
If you have questions about Alexander Capital and/or Angelo Vitale and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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