Anthony John Pitta of Melville, NY, a stockbroker registered with Capital Investment Group Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $100,000.00 in damages based upon allegations that Pitta made unsuitable recommendations, breached his fiduciary duties, and made misrepresentations and omissions of material fact in connection with the sale of shares of GWG Holdings Inc. during the time that Pitta was associated with Capital Investment Group Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-02139 (September 20, 2022).
FINRA Public Disclosure shows that Pitta has been referenced in two other customer initiated investment related disputes concerning Pitta’s conduct while associated with Capital Investment Group Inc. On April 16, 2018, a customer filed an investment related complaint involving Pitta’s conduct in which the customer requested compensation based upon allegations that Pitta made misrepresentations of material fact in connection with the recommendation and sale of real estate investment trusts.
Pitta was also referenced in a FINRA securities arbitration claim in which the customer requested $625,000.00 in damages based upon allegations that Pitta made misrepresentations of material fact in connection with the recommendation and sale of direct investments. FINRA Arbitration No. 22-01516 (July 6, 2022). As of even date, this matter remains pending before FINRA.
Pitta has been associated with Capital Investment Group Inc. in Melville, NY, as a stockbroker since July 1, 2010, and associated with Capital Investment Advisory Services LLC in Melville, NY, as an investment advisor representative since July 2, 2010.
