Michael Kenneth DePasquale (also known as Mikey DePasquale) of Cranford New Jersey a stockbroker associated with M Holdings Securities Inc. and 1717 Capital Management Company has been referenced in a customer initiated investment related civil action which was settled for $7,000.00 in damages supported by allegations that misrepresentations were made by the stockbroker pertaining to life insurance policies held by the customer between 2003 and 2018. Civil Action No. MDJ-07-1-11 (Jan. 4, 2019).
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that DePasquale has been identified in two more customer initiated investment related disputes concerning accusations of his misconduct during the time that the stockbroker was employed by M Holdings Securities and 1717 Capital Management.
On May 10, 2018, a customer filed an investment related complaint concerning DePasquale’s activities where the customer sought $500,000.00 in damages founded on accusations that misrepresentations were made to the customer regarding the fees or risks of a variable annuity sold to the customer when DePasquale was employed by M Holdings Securities.
On September 7, 2018, a customer filed an investment related complaint involving DePasquale’s conduct in which the customer requested $200,000.00 in damages based upon allegations that misrepresentations were made to the customer by the stockbroker regarding insurance transactions which had been processed between 2003 and 2018 when DePasquale was associated with 1717 Capital Management.
DePasquale has been registered with M Holdings Securities since October 29, 2010.
