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Rocco James Lavista, of Holmdel, New Jersey, a stockbroker formerly registered with Aegis Capital Corp., is the subject of a customer initiated investment related complaint on February 4, 2016, in which the customer sought $204,136.14 in damages based upon allegations that Lavista made misrepresentations to the customer, breached his fiduciary duties, and negligently handled the customer’s investment account regarding equity investments.

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that on April 4, 2017, a customer initiated investment related arbitration claim involving Lavista’s conduct was settled for $466,606.06 in damages based upon allegations of churning, suitability, unauthorized trading, and unsuitable investment recommendations over-the-counter equities, exchange trades notes and exchange traded funds.

Lavista has been registered with twelve broker dealers, three of which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct.

Guiliano Law Group

Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com