William Lapiana (also known as Bill Lapiana), of New York, New York, a stockbroker registered with Newbridge Securities Corporation, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $14,999.00 in damages based upon allegations that Lapiana made unsuitable investment recommendations, made misrepresentations of material fact, and failed to perform due diligence in connection with the sale of alternative investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-02428 (October 26, 2022).
This is not the first time that Lapiana has been referenced in a customer initiated investment related dispute concerning Lapiana’s conduct in the securities industry. FINRA Public Disclosure shows that Lapiana is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $184,000.00 in damages based upon allegations that Lapiana was negligent, breached his fiduciary duties, committed fraud, and breached a contract in connection with the sale of alternative investments when Lapiana was associated with Newbridge Securities Corporation. FINRA Arbitration No. 22-00635 (May 24, 2022).
Lapiana has been registered with Newbridge Securities Corporation as a stockbroker since February 13, 2009, and registered with Newbridge Financial Services Group Inc. as an investment adviser representative since February 13, 2009.
