Donald Angelo Durando of Hauppauge, New York, a stockbroker formerly registered with PHX Financial Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $230,000.00 in damages based upon allegations that Durando made unsuitable transactions in connection with the recommendation and sale of options when Durando was associated with PHX Financial Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-00878 (December 2, 2021).
FINRA Public Disclosure shows that Durando is also referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $7,500.00 in damages based upon allegations that Durando made unsuitable recommendations with regard to the sale of options when Durando was associated with John Thomas Financial. FINRA Arbitration No. 14-00774 (April 23, 2014).
Durando has been associated with PHX Financial Inc. since 2014. From 2013 to 2014, he was associated with IAA Financial LLC. From 2008 to 2013, he was associated with John Thomas Financial.
