Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bob Bassari (Bassari), previously associated with Great Point Capital LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Bassari 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 $25,000.00 on April 24, 2023.
Claimant bought a bond issued by GWG in the amount of 25,000 in 2017. In their Claim they alleged the recommendation was contrary to their investment objectives and best interest. Claims are common law negligence, negligent misrepresentation and omission, unsuitability, breach of fiduciary duty, breach of contract, control person liability, and the failure to supervise, in violation of Illinois Securities Statutes, FINRA Rules, and applicable common law.