DID STANLEY LEE CRISCI CAUSE YOU INVESTMENT LOSSES?
Stanley Crisci Of RBC Capital Markets, LLC Has 3 Customer Complaints For Alleged Broker Misconduct
About Stanley Crisci of RBC Capital Markets, LLC?
Stanley Crisci (CRD #2687393) is currently registered with RBC Capital Markets, LLC in Indianapolis, Indiana, where he has been employed since September 3, 2013 as a registered broker and an investment advisor. Crisci holds registrations with 22 self-regulatory organizations (SROs) and licenses in 29 U.S. states and territories. His previous roles include positions at Raymond James & Associates and Morgan Keegan & Company. Crisci’s other business activities include passive real estate investments and restaurant ownership, with no investment-related duties involved. He has passed six exams, including one principal/supervisory exam and multiple general industry and multi-state securities law exams, such as the Series 24 General Securities Principal Examination and the Series 65 Uniform Investment Adviser Law Examination.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Stanley Crisci Customer Complaints and Reviews
Mr. Crisci has three reported disclosures, including two pending customer disputes and one closed complaint:
- Customer Dispute (Closed)
- Date Received: February 5, 2010
- Allegations: The client alleged that investment recommendations led to fees that benefited the representative and firm, seeking compensation for a loss of $343,000. The case was closed without action on October 12, 2010.
- Pending Customer Dispute (Case 1)
- Date Served: August 15, 2024
- Complaint: The claimant contends that a variable annuity recommended by RBC Capital Markets did not align with their investment objectives.
- Claimed Damages: $90,000
- Status: Pending in FINRA Arbitration, case number no. 24-01754.
- Pending Customer Dispute (Case 2)
- Date Served: July 8, 2024
- Complaint: The claimant alleges that participants’ accounts were not managed in line with their investment objectives.
- Claimed Damages: $100,000
- Status: Pending in FINRA Arbitration, case no. 24-01488
Allegations Against Stanley Crisci
- Investment Suitability Concerns: Two pending disputes allege that Crisci’s recommendations did not align with clients’ investment objectives. One dispute involves a variable annuity investment, and the other concerns a broader claim of investment misalignment for plan participants’ accounts.
- Fee Generation Allegation: In a past closed dispute, a client alleged that Crisci’s investment recommendation primarily served to generate fees for the firm and the broker, purportedly leading to client losses. However, this case was ultimately closed without action.
- Damage Sought: Across the pending disputes, clients are collectively seeking damages totaling approximately $190,000, highlighting significant financial expectations from Crisci’s investment decisions within RBC Capital Markets, LLC.
Stanley Crisci Red Flags & Your Rights As An Investor
Of course, Stanley Crisci 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 Stanley Crisci at RBC Capital Markets, LLC on alert to review carefully the activity and performance of their accounts and question whether Stanley Crisci has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at RBC Capital Markets, LLC 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 RBC Capital Markets, LLC Due To Stanley Crisci
If you have questions about RBC Capital Markets, LLC and/or Stanley Crisci 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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