Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Falco (Falco), currently associated with J. Alden Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Falco recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $6,150,000.00 on July 26, 2024.
Plaintiffs allegedly purchased shares of stock in a private company known as lifebrand. The companies’ executives and board are alleged to have squandered company assets and breached their fiduciary duties. Defendant falco allegedly induced and encouraged plaintiff’s investment which mr falco denies.