Michael Maggiore, of Woodbridge, New Jersey, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Maggiore made the unsuitable investment recommendation of Real Estate Investment Trusts or REITS during the time that Maggiore was associated with Equitable Advisors LLC. FINRA Arbitration No. 23-03300 (November 15, 2023).
This is not the first time that Maggiore has been referenced in a customer initiated investment related dispute concerning Maggiore’s conduct in the securities industry. FINRA Public Disclosure shows that Maggiore was also referenced in a customer initiated investment related complaint filed on December 10, 2014, in which the customer requested compensatory damages based upon allegations that Maggiore made misrepresentations of material fact in connection with the sale of life insurance products when Maggiore was associated with AXA Advisors LLC. The securities broker dealer denied this complaint.
Maggiore has been associated with Equitable Advisors LLC in Woodbridge, New Jersey since October 2, 2008.
