Luigi Edward Mancusi (also known as Lou Mancusi) of Lake Forrest Illinois a stockbroker formerly registered with Oppenheimer Co. Inc. is the subject of a customer initiated investment related arbitration claim which was resolved for $25,000.00 in damages based upon accusations that (1) Mancusi churned the customer’s account (2) Mancusi executed unauthorized trades and (3)…
Luigi Edward Mancusi, of Lake Forrest, Illinois, a stockbroker formerly registered with Oppenheimer & Co. Inc., has been fined $10,000.00, suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity, and agreed to provide $2,966.97 in restitution to a customer by consenting to findings that Mancusi effected unauthorized transactions in the…