Tag Archives: First Standard Financial Company LLC

Another First Standard Stockbroker Barred In Boilerroom Scam

November 04, 2020  |   Posted by :   |   Boilerroom Sales, Securities Arbitration Claims   |   Comments Off on Another First Standard Stockbroker Barred In Boilerroom Scam

Jeffrey Allan Broten of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on findings that he failed to cooperate with the regulator during the time that he was under investigation for potentially […]

Read More »

More Investor Claims Against Shuttered Boilerroom First Standard Securities

October 08, 2020  |   Posted by :   |   Boilerroom Sales, Securities Arbitration Claims, Securities Fraud, Unauthorized Trading   |   Comments Off on More Investor Claims Against Shuttered Boilerroom First Standard Securities

Jeffrey Allan Broten of Morristown New Jersey a stockbroker formerly registered with First Standard Financial Co. LLC and National Securities Corporation is referenced in a customer initiated investment related arbitration claim in which the customer sought $100,000.00 in damages based upon allegations that over-the-counter equities transactions effected in the customer’s account by the stockbroker failed […]

Read More »

FINRA Bars Another First Standard Stockbroker For Churing Investor Accounts

October 08, 2020  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading, Securities Arbitration Claims   |   Comments Off on FINRA Bars Another First Standard Stockbroker For Churing Investor Accounts

Alec C. Franks of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he did not comply with FINRA during the course of its investigation into allegations of his excessive […]

Read More »

Investors Sue First Standard Financial For Breach Of Contract

July 11, 2020  |   Posted by :   |   Boilerroom Sales, Breach of Fiduciary Duty, Securities Arbitration Claims, Stockbroker Negligence, Unauthorized Trading   |   Comments Off on Investors Sue First Standard Financial For Breach Of Contract

Jeffrey Allen Baber of Red Bank New Jersey a stockbroker and investment adviser representative formerly registered with First Standard Financial Company is the subject of a customer initiated investment related arbitration claim in which the customer requested unspecified damages based upon allegations that unsuitable equities transactions had been executed by Baber at First Standard Financial […]

Read More »

Another First Standard Stockbroker Bites The Dust

July 11, 2020  |   Posted by :   |   Boilerroom Sales, Securities Arbitration Claims   |   Comments Off on Another First Standard Stockbroker Bites The Dust

Leonard Joseph Marzocco (also known as Lenny Marzocco and as Len Marzocco) of Garden City New York a stockbroker formerly registered with First Standard Financial Company has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings of the stockbroker making unsuitable trades in the accounts of […]

Read More »

Another First Standard Stockbroker Sanctioned For Excessive Trading

June 24, 2020  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading   |   Comments Off on Another First Standard Stockbroker Sanctioned For Excessive Trading

Frank Venturelli (also known as Frank Vaughn) of Bay Ridge New York a stockbroker formerly associated with First Standard Financial Company has been suspended for 11 months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by consenting to findings that he facilitated excessive transactions in customer accounts during the […]

Read More »

Investors Continue To Sue Defunct First Standard Boilerroom

April 08, 2020  |   Posted by :   |   Boilerroom Sales, Breach of Fiduciary Duty, FINRA Securities Arbitration, Margin Account Fraud, Securities Arbitration Claims   |   Comments Off on Investors Continue To Sue Defunct First Standard Boilerroom

Carl George Antaki of Melville New York a stockbroker formerly employed by First Standard Financial Company LLC has been identified in a customer initiated investment related arbitration claim where the customer sought $100,000.00 in damages founded on accusations of bad stock trades being executed in the customer’s account during the time that Antaki was employed […]

Read More »

Another First Standard Stockbroker Barred For Fraud

April 08, 2020  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Markups, FINRA Securities Arbitration, Margin Account Fraud, Securities Arbitration Claims, Securities Fraud, Unauthorized Trading   |   Comments Off on Another First Standard Stockbroker Barred For Fraud

William Christian Gennity (also known as Billy Gennity) of Staten Island New York a stockbroker formerly registered with First Standard Financial Company LLC has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that the stockbroker failed to comply with a FINRA Arbitration Award in which […]

Read More »

Another First Standard Stockbroker Barred By FINRA

March 26, 2020  |   Posted by :   |   Boilerroom Sales, Churning, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Another First Standard Stockbroker Barred By FINRA

Christopher Joseph Marnelego of Staten Island New York a stockbroker formerly registered with First Standard Financial has been barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity based upon allegations that the stockbroker neglected to respond to the regulator’s request for information. FINRA Case No. 2016047624301 (Mar. 1, […]

Read More »

Another First Standard Financial Broker Barred By FINRA

Joseph Morris Thurnherr of New York New York a stockbroker formerly registered with Wynston Hill Capital LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Thurnherr failed to furnish information to FINRA personnel when a customer’s complaint alleging Thurnherr’s misconduct was […]

Read More »

FINRA Bars Another Rogue First Standard Stockbroker

Andre Pierre Davis of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to cooperate with FINRA during an investigation in which the regulator sought to […]

Read More »

FINRA Bars Defuct First Standard Stockbroker For Failure To Pay Arbitration Award

Rocco Roveccio of Red Bank New Jersey a stockbroker formerly associated with First Standard Financial Company LLC has been suspended by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity supported by allegations that the stockbroker neglected to comply with a customer initiated investment related arbitration award or otherwise confirm […]

Read More »

Defunct First Standard Stockbroker Sanctioned For Churning

Robert Frank Spiegel of Staten Island New York a stockbroker formerly registered with First Standard Financial Company LLC has been fined $5,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that trades had been made by him on an excessive […]

Read More »

First Standard CCO Barred For Failure To Supervise

Michael William Leahy (also known as Mike Leahy) of Red Bank New Jersey a former Chief Compliance Officer of First Standard Financial Company LLC has been fined $5,000.00 and barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Leahy neglected to supervise a stockbroker of First […]

Read More »

Investors Sue Defunct First Standard For Unauthorized Trading

Jeffrey Allen Baber of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC is the subject of a customer initiated investment related arbitration claim in which the customer requested $2,000,000.00 in damages founded on allegations that (1) trades were executed by the stockbroker without the customer’s knowledge or consent and […]

Read More »

Investors Sue First Standard For Unauthorized Trading

Roy Joseph Failla of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC is the subject of a customer initiated investment related arbitration claim in which the customer sought $26,000.00 in damages based upon allegations that (1) common and preferred stock trades effected by Failla failed to be suitable (2) […]

Read More »

First Standard Stockbroker Barred By FINRA For Obstruction

November 24, 2019  |   Posted by :   |   Boilerroom Sales, Investment and Regulatory News   |   0 Comments

Philip Joseph Sparacino of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that he neglected to comply with FINRA’s requests when under the regulator’s investigation for (1) effecting unauthorized trades […]

Read More »

First Standard Financial Sued For Excessive Trading

Andre Pierre Davis of New York New York a stockbroker formerly registered with First Standard Financial Company LLC is the subject of a customer initiated investment related arbitration claim in which the customer requested $350,000.00 in damages founded on accusations that (1) transactions were not authorized (2) investments were neither appropriate nor suitable for the […]

Read More »

SEC Bars First Standard Stockbroker For Fraud

William Christian Gennity of Staten Island New Jersey a stockbroker formerly registered with First Standard Financial Company has been barred from being a stockbroker or investment advisor or otherwise associating with investment advisories or securities broker dealers according to an SEC Order containing findings that Gennity defrauded investors. In the Matter of William C. Gennity […]

Read More »

Alexander Capital Stockbroker Barred By SEC For Fraud

Rocco Roveccio of Staten Island New York a stockbroker registered with Alexander Capital L.P. has been barred from being a stockbroker or investment adviser or otherwise associating with any securities broker dealers or investment advisories according to a Securities and Exchange Commission (SEC) Order Instituting Administrative Proceedings supported by allegations that (1) Roveccio effected unauthorized […]

Read More »

FINRA Bars First Standard Stockbroker In Investigation

Gabriel Block (also known as Gabe Block) of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by allegations that Block neglected to cooperate with an inquiry FINRA launched into Block’s activities. Case No. 2017052466301 […]

Read More »

Investors Sue First Standard For Fraud

Andre Pierre Davis of Red Bank New Jersey a stockbroker currently registered with First Standard Financial Company LLC is the subject of a customer initiated investment related arbitration claim where the customer sought $100,000.00 in damages based upon allegations that unsuitable transactions were executed and the customer’s account was churned. Financial Industry Regulatory Authority (FINRA) […]

Read More »

First Standard Broker Suspended For Failure to Pay Award

Joseph Dominick Quinzi of Staten Island New York a stockbroker formerly registered with First Standard Financial Company LLC has been suspended on March 31, 2017 from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by allegations that he failed to confirm with FINRA whether he complied with FINRA Arbitration No. […]

Read More »

First Standard Broker Suspended For Failure To Comply

April 27, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Joseph Morris Thurnherr of Staten Island New York a stockbroker formerly registered with First Standard Financial Company LLC has been suspended on December 21, 2017 from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that he failed to cooperate with a FINRA settlement agreement or arbitration award or […]

Read More »

Brookville Capital Partners Sued For Churning

June 13, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Pasquale James Rappa, of Miller Place, New York, a stockbroker formerly registered with Brookville Capital Partners, has been named in a customer initiated investment related arbitration claim, in which a customer was awarded $44,734.00 in damages on July 29, 2016, based upon allegations that Rappa churned the customer’s account, over-concentrated the customer’s assets and effected […]

Read More »

FINRA Arbitration Claim Against First Standard Financial For Unauthorized Trading

Kenneth Leopold Williams, of Staten Island, New York, a stockbroker formerly registered with First Standard Financial Company LLC, has been named in a customer initiated investment related written complaint on January 5, 2017, in which the customer requested $100,000.00 in damages based upon allegations that Williams utilized the customer’s margin without consent, and effected unauthorized […]

Read More »

National Securities Corporation Named In Customer Arbitration Claims

Levert Caldwell, of Red Bank, New Jersey, a stockbroker formerly registered with National Securities Corporation, has been named in a customer initiated investment related arbitration claim on September 30, 2016, in which the customer requested $400,000.00 in damages based upon allegations that Caldwell breached his fiduciary duty to the customer, churned the customer’s account, and […]

Read More »

First Standard Financial Named In Customer Arbitration Claim

Laurence M. Torres, of Staten Island, New York, a stockbroker with First Standard Financial Company LLC, is subject to a customer dispute from March 22, 2016, in which the customer requested damages of $99,999.00 based upon the allegation that  Torres engaged in unsuitable investment practices, breached his fiduciary duty to the customer, and churned the […]

Read More »

First Standard Financial Company Stockbroker Gennity Named In Fraud Arbitration

September 16, 2016  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News   |   0 Comments

William C. Gennity, from Staten Island, New York, a stockbroker with First Standard Financial Company LLC, and previously registered with Alexander Capital, L.P., was named in regulatory action from Montana’s Securities Division, in which Gennity was alleged to have engaged in unauthorized and excessive trading, unsuitable investment recommendations, charging of excess fees, unauthorized use of […]

Read More »