Jay Sailesh Sheth of New York, New York, a stockbroker currently registered with National Securities Corporation, has been fined $20,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings of Sheth’s undisclosed private securities transactions, sharing in customer losses, and use of communication…

James J. Mariani, of Mineola, New York, a stockbroker formerly registered with Aegis Capital Corp, is identified in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $291,100.00 in damages founded on accusations that Mariani provided unsuitable investment recommendations to the customer to purchase non traded real estate securites while…

Christopher Edward Bond, of Melville, New York, a stockbroker currently registered with National Securities Corporation, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he engaged in unauthorized trading in National Securities Corporation customer accounts. Letter of Acceptance, Waiver, and Consent No….

Shaun Evan Stein, of Jersey City, New Jersey, a stockbroker currently registered with National Securities Corp, is identified in a customer initiated investment related FINRA securities arbitration claim that was resolved for $20,000.00 in damages based upon allegations of unsuitable recommendations by Stein in regard to a private placement, real estate security, and over-the-counter equity…

Kurt Anthony Stein of New York, New York, a stockbroker formerly registered with National Securities Corporation, is the subject of a customer initiated investment related arbitration claim where the customer sought $300,000.00 in damages based upon accusations of unsuitable investment recommendations concerning non-traded Real Estate Investment Trusts or REITs while Stein was employed by National…

Rick Alan Davidson of Miami Florida a stockbroker formerly registered with National Securities Corp is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $1,000,000.00 in damages based upon allegations that their account was exposed to unsuitable trading of stocks by Davidson during the time that he was associated…

James Lee Greene (also known as Herbie Greene) of Boca Raton Florida a stockbroker currently registered with National Securities Corporation is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $100,000.00 in damages based upon accusations that they invested in an unsuitable private placement because of Greene when…

Rodrigue Lors (also known as Rodrique Lors) of Westbury New York a stockbroker formerly registered with National Securities Corporation is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer sought $200,000.00 in damages founded upon allegations that Lors provided unsuitable recommendations as it pertained to private placements during the…

Vincent John Villani of New York New York a stockbroker formerly registered with National Securities Corporation is referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $50,000.00 in damages based upon accusations of Villani making unsuitable private placement recommendations or sales at National Securities Corp which resulted in losses…

Michael Fasciglione of Mineola New York a stockbroker formerly registered with National Securities Corporation is referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $422,000.00 in damages supported by allegations of Fasciglione’s unsuitable transactions relating to a private placement when Fasciglione was associated with National Securities Corp. Financial Industry…

William Wright Jr. of New York New York a stockbroker formerly registered with National Securities Corporation has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings of Wright failing to cooperate during the period that he was investigated for “borrowing” customer funds. Letter of Acceptance Waiver…

Thomas Edison Kelly Jr. of New York New York a stockbroker formerly registered with National Securities Corp is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer sought more than $5,000.00 in damages based upon accusations that they were sold unsuitable private placements by Kelly while he was associated…

Joseph Victor Alhadeff of New York New York a stockbroker formerly registered with National Securities Corporation has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Alhadeff neglected to cooperate with FINRA during its investigation into Alhadeff’s supervision of a stockbroker who was associated with…

Rodrigue Lors (also known as Rodrique Lors) of Westbury New York a stockbroker formerly employed by National Securities Corporation is referenced in a customer initiated investment related arbitration claim in which the customer sought $100,000.00 in damages supported by accusations that the customer had been placed into unsuitable private placement securities by Lors at National…

Vincent James Mazza of Jersey City New Jersey a stockbroker formerly registered with National Securities Corporation is the subject of a customer initiated investment related arbitration claim where the customer sought $400,000.00 in damages supported by allegations that unauthorized over-the-counter equities trades were effected in the customer’s account during the time that Mazza was associated…

Kurt Anthony Stein of New York New York a stockbroker formerly employed by National Securities Corporation has been identified in a customer initiated investment related arbitration claim where the customer sought $35,000.00 in damages founded on accusations that misrepresentations were made to the customer by Stein concerning direct participation program interests or limited partnership interests…

Allan Perry Montalbano of Garden City New York a stockbroker formerly employed by National Securities Corporation and Worden Capital Management LLC has been identified in a customer initiated investment related arbitration claim which was resolved for $160,000.00 in damages founded on accusations of (1) breach of a contract governing the customer’s stock trades at National…

John Thomas Holly Sr of National Securities Corporation is referenced in a customer initiated investment related arbitration claim where the customer sought $500,000.00 in damages founded on accusations including (1) breach of contract (2) negligence and (3) breach of fiduciary duty relating to the customer’s government debt investments. Financial Industry Regulatory Authority (FINRA) Arbitration No….

Kevin A. Bostory of Edison, New Jersey, a stockbroker formerly registered with National Securities Corp., is the subject of a customer initiated investment related arbitration claim, where the customer requested $36,509.00 in damages based upon accusations that Bostory breached his fiduciary duties to the customer and effected unsuitable equity transactions in the customer’s account. Financial…

Michael Fasciglione of Mineola, New York, a stockbroker formerly registered with National Securities Corp., is the subject of a customer initiated investment related written complaint on May 15, 2017, in which the customer requested $23,000.00 in damages based upon allegations of misrepresentation and suitability concerning alternative investments effected in the customer’s account. Financial Industry Regulatory…

Tuan Phan, of New York, New York, a stockbroker registered with National Securities Corp, is the subject of a customer initiated investment related arbitration claim, which settled on June 30, 2016, for $19,000.00 in damages supported by allegations of negligence in the handling of the customer’s investment account as well as misrepresentation and the breach…