DID ROCCO MICHAEL MASELLI CAUSE YOU INVESTMENT LOSSES?
Rocco Maselli Of VCS Venture Securities Has 4 Customer Complaints For Alleged Broker Misconduct
About Rocco Maselli of VCS Venture Securities?
Rocco Maselli (CRD #2791357) has an extensive background in the securities industry. Currently a registered broker with VCS Venture Securities in Garden City, New York, Maselli has been active in the securities field since September 1996. Over his career, he has passed two general industry/product exams and one multi-state securities law exam. Maselli is registered in 13 U.S. states and territories, demonstrating a broad geographic scope of practice. His professional journey includes associations with multiple firms such as Joseph Stone Capital L.L.C., Meyers Associates, L.P., and Morgan Wilshire Securities, Inc., among others, indicating a diverse experience within the sector.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Rocco Maselli Customer Complaints and Reviews
Rocco M. Maselli has been involved in a number of disclosure events, which include:
- Customer Dispute 1 (Settled): Allegations against him included unauthorized trades, churning, and fraud at GunnAllen Financial and Morgan Wilshire Securities between September and November 2003, with alleged damages of $150,000. This dispute was settled for $14,999 on April 20, 2010.
- Customer Dispute 2 (Settled): Filed at Morgan Wilshire for improper account handling over eight months starting January 2004, with claimed damages of $60,000. The case settled on July 12, 2006, for $17,000, where Maselli contributed $9,000.
- Customer Dispute 3 (Settled): At Benchmark Securities, the client alleged improper handling of his account with damages claimed at $115,000. This was settled on January 6, 2005, for $15,000, with Maselli contributing $9,000.
- Customer Dispute 4 (Pending): The latest ongoing dispute alleges violations of federal securities laws, New York Consumer Protection Act, common law fraud, and more, with claimed damages of $500,000. This case, involving Joseph Stone Capital, LLC & VCS Venture Securities, LLC, is currently pending.
Allegations Against Rocco Maselli
The allegations and accusations in the regulatory actions and customer complaints involving Rocco M. Maselli include:
- Unauthorized trades, churning, and engaging in fraud activities.
- Improper handling of customer accounts.
- Violations of federal securities laws and the New York Consumer Protection Act.
- Breach of contract, common law fraud, breach of fiduciary duty, negligence, and gross negligence.
Rocco Maselli Red Flags & Your Rights As An Investor
Of course, Rocco Maselli 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 Rocco Maselli at VCS Venture Securities on alert to review carefully the activity and performance of their accounts and question whether Rocco Maselli has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at VCS Venture Securities 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 VCS Venture Securities Due To Rocco Maselli
If you have questions about VCS Venture Securities and/or Rocco Maselli 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.
Rate this Post
Loading...