Vincent James Mazza of Iselin New Jersey is a stockbroker currently employed by National Securities Corp who is the subject of a customer initiated investment related arbitration claim in which the customer requested $300,000.00 in damages supported by accusations of (1) breach of contract (2) breach of fiduciary duty and (3) negligence relating to over-the-counter equities transactions placed in the customer’s account. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-01734 (July 25, 2017).

FINRA Public Disclosure reveals that Mazza has been identified in five additional customer initiated investment related disputes containing allegations of his misconduct during the time he was associated with National Securities Corp, Kovack Securities, Inc., and J.P. Turner & Company LLC. Particularly, on June 2, 2004, a customer filed an investment related written complaint that concerned Mazza’s conduct, where the customer sought $6,135.00 in damages founded on accusations of inappropriate solicitation, excessive charging of commissions, and use of high pressure sales tactics to induce the customer’s over-the-counter equities transactions.

Then, a customer initiated investment related arbitration claim involving Mazza’s conduct was settled for $9,000.00 in damages based upon allegations of violations of securities laws, deceptive practices, unfair trading practices, and breach of contract relating to the customer’s over-the-counter equities portfolio. FINRA Arbitration No. 06-03650 (June 15, 2007). On August 31, 2010, a customer filed an investment related written complaint pertaining to Mazza’s activities, alleging that margin was utilized without the customer’s consent, the customer’s account had been mismanaged, and over-the-counter equities transactions were placed in the customer’s account without the customer’s permission.

Subsequently, a customer initiated investment related arbitration claim concerning Mazza’s conduct was settled for $47,500.00 in damages supported by accusations of breach of contract, breach of fiduciary duty and negligence relating to the customer’s private placement and over-the-counter equities transactions. FINRA Arbitration No. 12-00449 (May 1, 2013). Thereafter, on March 20, 2012, a customer filed an investment related written complaint pertaining to Mazza’s activities, in which the customer requested $40,000.00 in damages founded on allegations that the customer was charged commissions that were excessive in reference to equity transactions placed in the customer’s investment portfolio.

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