Matthew A. Siliato, of New York, New York, a stockbroker with Meyers Associates, L.P., was named in a pending customer dispute on June 23, 2016, in which the customer requested $250,627.60 in damages amid allegations against Siliato of making unsuitable investment recommendations. Siliato has also been named in another pending customer dispute on December 28, 2015, in which the customer has requested $522,941.00 in damages after alleging breach of fiduciary, as well as unsuitable investment recommendations.
Public Disclosure records reveal that Siliato has been subject to four additional customer disputes. On October 5, 2009, he was named in a customer dispute containing allegations that Siliato excessively traded in the customer’s account and earned excessive commissions. On April 16, 2010, Siliato settled a customer dispute for $5,931.00 after the customer alleged misrepresentation.
On October 30, 2013, Siliato was named in a customer dispute in which the customer requested $35,000.00 in damages after alleging to have received poor investment recommendations from Siliato. On April 8, 2014, Siliato settled a customer dispute for $14,999.00 after the customer alleged that Siliato failed to follow the customer’s instructions pertaining to the handling of the customer’s account.
Guiliano Law Group
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