DID LON CHARLES FACCINI JR CAUSE YOU INVESTMENT LOSSES?
Lon Faccini, Jr. Formerly With Arive Capital Markets Has 9 Customer Complaints For Alleged Broker Misconduct
Who is Lon Faccini, Jr. formerly with Arive Capital Markets?
Lon Faccini, Jr. (CRD #2736849) who was formerly registered with Arive Capital Markets and located in Coram, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Arive Capital Markets, Lon Faccini, Jr. was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Lon Faccini, Jr. Customer Complaints
Lon Faccini, Jr. has been the subject of 9 customer complaints that we know about to recover investment losses. One customer complaint proceeded to arbitration against Liberty Partners Financial Services for Lon Faccini’s alleged misconduct and resulted in an arbitration award in favor of the investor. Five of the other customer complaints were settled by the financial advisor’s employers in favor of the investors. Only one customer complaint was denied and that customer took no further action.
Allegations Against Lon Faccini, Jr.
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Failure to play stop-loss orders.
- Excessive commissions.
- Unsuitable investment recommendations.
- Churning.
- Excessive trading, unsuitability, and churning of customer’s account.
Lon Faccini, Jr.Red Flags & Your Rights As An Investor
Of course, Lon Faccini, Jr. 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 Lon Faccini, Jr. at Arive Capital Markets on alert to review carefully the activity and performance of their accounts and question whether Lon Faccini, Jr. has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Arive Capital Markets 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 Arive Capital Markets Due To Lon Faccini, Jr.
If you have questions about Arive Capital Markets and/or Lon Faccini, Jr. 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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