Joseph Peter Canciglia, of Hackensack, New Jersey, a stockbroker formerly registered with Stifel, Nicolaus & Company, Inc., has been named in a customer initiated investment related arbitration claim on April 20, 2016, in which the customer requested $20,000.00 in damages based upon allegations that Canciglia advised a customer to invest $20,000.00 into a unit investment…
Robert K. Ratcliff, of Denton, Texas, a stockbroker currently registered with Stifel, Nicolaus & Company, Inc., has been named in a pending customer initiated investment related arbitration claim on January 8, 2016, in which several customers have collectively requested $75,000.00 in damages based upon allegations against Ratcliff of breaching his fiduciary and contractual obligations, making…
Stifel, Nicolaus & Company, Inc., headquartered in St. Louis Missouri, was censured and fined $200,000; while one of the firm’s supervisors, Kurt LaLomia of Baltimore, Maryland, was fined $15,000 and suspended for thirty-one days from association with any Financial Industry Regulatory Authority (FINRA) member firm in any principal capacity, after consenting to findings that from…