Anthony John Salerno (also known as AJ Salerno) of South Easton Massachusetts a stockbroker formerly employed by RBC Capital Markets LLC is referenced in a customer initiated investment related complaint on May 17, 2018 where the customer sought damages estimated to exceed $5,000.00 supported by allegations that unsuitable common or preferred stock recommendations had been made to the customer between January of 2014 and December of 2017.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Salerno has been identified in three additional customer initiated investment related disputes containing accusations of his misconduct while employed with RBC Capital Markets. In particular, on March 20, 2018, a customer initiated investment related complaint was settled to resolve accusations that between August 26, 2016 and September 28, 2017: Salerno failed to disclose adverse information concerning equity investments at the time that the customer made the purchase of those securities; and Salerno poorly advised the customer with regard to a preferred stock investment, the purchase of which led the customer to sustain losses.
Thereafter, a customer initiated investment related arbitration claim regarding Salerno’s activities was resolved for $85,000.00 in damages founded on allegations that the customer was inappropriately placed in oil and gas master limited partnerships between 2012 and 2017. FINRA Arbitration No. 17-02038 (May 15, 2018). Moreover, a customer initiated investment related arbitration claim concerning Salerno’s conduct was resolved for $85,000.00 in damages based upon allegations that between 2013 and December of 2017, the customer was inappropriately advised to buy municipal bonds. FINRA Arbitration No. 18-00764 (Dec. 4, 2018).
Since December 7, 2017, Salerno has been registered with Ameriprise Financial Services Inc.
