Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Fusco (Fusco), previously associated with Legend Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Fusco recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $345,369.00 on May 06, 2020.
Fusco was named in a customer complaint that asserted the following causes of action: the firm failed to supervise their accounts. In addition, each claimant contends that their account(s) were: solicited with unsuitable investments, overly concentrated, churned for the purpose of obtaining excessive commissions, and that the Respondents failed to “Know Their Customers” as required by their duties as registered representatives. Fusco was the compliance officer of the firm and supervisory of the registered representatives.