Gary Allen Didonna, of Osprey, Florida, a stockbroker registered with Spire Securities LLC, was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $143,000.00 in damages based upon allegations that Didonna made the unsuitable investment recommendation of bonds when Didonna was associated with Spire Securities LLC. FINRA Arbitration No. 22-01340 (March 30, 2023).
This is not the first time that Didonna has been referenced in a customer initiated investment related dispute concerning Didonna’s conduct in the securities industry. FINRA Public Disclosure shows that Didonna is also referenced in a customer initiated investment related complaint filed on January 14, 2008, in which the customer requested $10,000.00 in damages based upon allegations that Didonna failed to disclose fees in connection with the sale of variable annuities when Didonna was associated with Prime Capital Services Inc.
On July 16, 2024, a customer initiated investment related FINRA securities arbitration claim involving Didonna’s conduct was settled for $75,000.00 in damages based upon allegations that Didonna gave unsuitable recommendations regarding withdrawals from a variable annuity and recommended direct investments that did not meet the customer’s needs and objectives when Didonna was associated with Sagepoint Financial Inc., Investors Capital Corp, and Spire Securities. FINRA Arbitration No. 21-01585.
Didonna was associated with Spire Securities LLC in Osprey, Florida from September 20, 2016 to August 3, 2023.
