Tag Archives: Roy Joseph Failla

Another Rogue First Standard Stockbroker Sanctioned For Excessive Trading

August 06, 2021  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading, Unauthorized Trading   |   Comments Off on Another Rogue First Standard Stockbroker Sanctioned For Excessive Trading

Roy Joseph Failla of Red Bank New Jersey a stockbroker formerly registered with First Standard Financial Company LLC has been fined $15,000.00 and suspended for 45 days from being a stockbroker in New Jersey according to a Consent Order containing findings that Failla executed unsuitable and excessive trades in customer accounts while Failla was associated […]

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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) […]

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