Marc S. Strafaci of Parsippany New Jersey a stockbroker currently registered with Hennion Walsh Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $83,000.00 in damages supported by accusations that Strafaci made unsuitable investment recommendations to the customer concerning municipal debt products that the customer ultimately purchased and sustained losses from. Financial Industry Regulatory Authority (FINRA) Arbitration No. 16-01361 (Aug. 17, 2017).
FINRA Public Disclosure reveals that another customer initiated investment related arbitration claim involving Strafaci’s activities was settled for $84,000.00 in damages founded on allegations that while Strafaci was associated with Hennion & Walsh Inc., unsuitable municipal-debt investment recommendations had been made to the customer which led the customer to suffer losses. FINRA Arbitration No. 14-01303 (May 19, 2015).
