Michael D. Teutonico, of New York, New York, a stockbroker formerly associated with E.J. Sterling, LLC, is subject to a pending customer dispute from October 29, 2015, in which the customer has requested $206,000.00 in damages in connection with allegations against Teutonico of engaging in unsuitable investment practices, excessively trading the customer’s account, and over-concentrating the customer’s assets.
FINRA Public Disclosure records reveal that Teutonico previously settled a customer dispute for $3,411.22 on November 22, 2005, in which he was alleged by the customer to have engaged in the unauthorized trading of the customer’s investment account. Five of the last seven broker-dealers with whom Teutonico has been associated are defunct or have been expelled by FINRA. Since October 2015, Teutonico has been associated with Network One Financial.
Guiliano Law Group
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