Tag Archives: Spartan Capital Securiites LLC

Spartan Capital Stockbroker Charged With Unauthorized Trading

July 07, 2021  |   Posted by :   |   Elder Financial Abuse, FINRA Securities Arbitration, Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Spartan Capital Stockbroker Charged With Unauthorized Trading

Michael John Giovannelli of Garden City New York a stockbroker formerly registered with Spartan Capital Securities LLC has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement with effecting an unauthorized trade in a customer’s account when Giovannelli was associated with Spartan Capital Securities. Department of Enforcement v. Michael J. Giovannelli Disciplinary Proceeding […]

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FINRA Bars Spartan Capital Stockbroker In Selling Away Investigation

July 07, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Bars Spartan Capital Stockbroker In Selling Away Investigation

Carlos Arturo Hurtado (also known as Carl Arthurs and as Carlos Arthurs) of New York New York a stockbroker formerly registered with Spartan Capital Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he failed to cooperate with a FINRA investigation into […]

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Spartan Capital Stockbroker Investigated By FINRA

May 31, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   Comments Off on Spartan Capital Stockbroker Investigated By FINRA

Michael John Giovannelli (also known as Michael Anthony Giovannelli) of Garden City New York a stockbroker formerly registered with Spartan Capital Securities is the subject of a Financial Industry Regulatory Authority (FINRA) investigation in which the regulator made an initial determination to recommend that Giovannelli be sanctioned for engaging in unauthorized trading and for providing […]

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Investors Bring FINRA Claim Against Spartan Capital For Unsuitable Recommendations

May 31, 2021  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Investors Bring FINRA Claim Against Spartan Capital For Unsuitable Recommendations

John M. Cullen of Garden City New York a stockbroker currently registered with Spartan Capital Securities is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $336,948.00 in damages based upon accusations that Cullen provided unsuitable recommendations to the customer during the time that Cullen was associated […]

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Investors Bring FINRA Arbitration Claim Against Spartan Capital For Misrepresentation

December 01, 2020  |   Posted by :   |   Boilerroom Sales, Elder Financial Abuse, Excessive Trading, Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on Investors Bring FINRA Arbitration Claim Against Spartan Capital For Misrepresentation

Marlon O. Cole of New York New York a stockbroker formerly registered with Spartan Capital Securities is the subject of a customer initiated investment related arbitration claim which was resolved for $20,000.00 in damages based upon accusations of unsuitable margin use and the breach of a fiduciary duty by Cole concerning his over-the-counter equities transactions […]

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Another Spartan Stockbroker Investigated For Unauthorized Trading

November 04, 2020  |   Posted by :   |   Churning, Excessive Trading, Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on Another Spartan Stockbroker Investigated For Unauthorized Trading

Marc Augustus Reda of New York New York a stockbroker formerly registered with Spartan Capital Securities LLC has been referenced in a Financial Industry Regulatory Authority (FINRA) investigation in which the regulator has made an initial determination for Reda to face disciplinary action supported by accusations of Reda effecting trades in customer accounts on an […]

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Investors Bring Claim Against Spartan Capital For Boiler Room Sales Tactics

September 30, 2020  |   Posted by :   |   Boilerroom Sales, Securities Arbitration Claims   |   Comments Off on Investors Bring Claim Against Spartan Capital For Boiler Room Sales Tactics

David Michael Cutolo Senior of New York New York a stockbroker formerly registered with Spartan Capital Securities LLC is the subject of a customer initiated investment related arbitration claim in which the customer sought $9,100.00 in damages founded upon accusations that the customer had been invested in unsuitable common and preferred stocks and that the […]

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Investors Sue WestPark For Breach Of Fiduciary Duty

June 24, 2020  |   Posted by :   |   Boilerroom Sales, Churning, Excessive Trading, Securities Arbitration Claims, Unauthorized Trading, Unsuitable Investment Recommendations   |   Comments Off on Investors Sue WestPark For Breach Of Fiduciary Duty

Terry Au of New York New York a stockbroker formerly employed by WestPark Capital Inc. has been identified in a customer initiated investment related arbitration claim where the customer sought $125,000.00 in damages founded on accusations that a fiduciary duty that was owed to the customer was breached by Au in regard to the customer’s […]

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Investors Sue Spartan Capital For Unauthorized Trading

June 03, 2020  |   Posted by :   |   Churning, Securities Arbitration Claims, Unauthorized Trading   |   Comments Off on Investors Sue Spartan Capital For Unauthorized Trading

Terry Tzagarakis (also known as Terry Rakis) of New York New York a stockbroker formerly registered with Spartan Capital Securities LLC is the subject of a customer initiated investment related arbitration claim where the customer sought $6,645,956.00 in damages based upon accusations that (1) unauthorized transactions were effected in the customer’s account (2) stocks selected […]

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Spartan Capital Stockbroker Sanctioned For Churning

April 18, 2020  |   Posted by :   |   Boilerroom Sales, Churning, Elder Financial Abuse, Excessive Trading, Investment and Regulatory News, Securities Arbitration Claims   |   Comments Off on Spartan Capital Stockbroker Sanctioned For Churning

Mack Leon Miller (also known as Mark Miller) of New York New York a stockbroker registered with Spartan Capital Securities LLC has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he effected excessive trades or churned a customer’s account causing the customer […]

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FINRA Bars Spartan Stockbroker In Investigation

September 13, 2019  |   Posted by :   |   Boilerroom Sales, Investment and Regulatory News   |   0 Comments

Michael James Resciniti of Spartan Capital Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that Resciniti was unresponsive to a FINRA inquiry. Case No. 2018058707101 (Nov. 19, 2018). According to FINRA Public Disclosure, Resciniti’s non-cooperation had been met with a suspension by […]

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Investors Sue Spartan Capital Securities For Churning

Marc Augustus Reda of New York New York a stockbroker currently registered with Spartan Capital Securities LLC is referenced in a customer initiated investment related arbitration claim in which the customer was awarded $15,381.00 in damages based upon Spartan Capital Securities being found liable on the customer’s claims including churning of the customer’s account by […]

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Spartan Capital Sued For Breach Of Fiduciary Duty

Robert John Murray of New York New York a stockbroker formerly registered with Spartan Capital Securities LLC is referenced in a customer initiated investment related arbitration claim in which ten customers collectively requested $6,645,956.00 in damages based upon allegations that (1) fiduciary duties owed to customers had been violated (2) misrepresentations had been made concerning […]

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Spartan Capital Sued By Customer For Churning

Joseph Paul Todaro of Garden City New York a stockbroker formerly registered with Spartan Capital Securities LLC is referenced in a customer initiated investment related arbitration claim in which the customer sought $184,241.00 in damages supported by allegations that (1) excessive commissions had been charged to the customer for trades effected in the customer’s account […]

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Craig Scott Capital Customers Allege Unsuitability

John Joseph Stapleton, of Uniondale, New York, a stockbroker formerly registered with Craig Scott Capital, has been named in a customer initiated investment related arbitration claim on January 3, 2017, in which the customer requested $48,223.26 in damages based upon allegations that Stapleton effected unsuitable stock transactions in the customer’s account. Craig Scott Capital however […]

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Spartan Capital Securities Sued for Misrepresentation

Joseph Kelly, of New York, New York, a stockbroker currently registered with Spartan Capital Securiites, LLC, has been named in a customer initiated investment related arbitration claim on April 4, 2016, in which the customer requested $450,000.00 in damages based upon allegations that Kelly made misrepresentations to the customer concerning equity investments, and excessively traded […]

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