Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Danielle Scodellaro (Scodellaro), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Scodellaro 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 $233,512.83 on December 21, 2022.
The customer alleged the variable annuity contract was misrepresented, and sought to have it rescinded. 2/24/2023 – following a secondary review, the firm concluded that its representative, Ms. Scodellaro, did not make any misrepresentation to the customer. Nonetheless because the customer apparently did not fully understand the product, the firm determined that a settlement for the difference between the current contract value and the original principal investment was appropriate and in the interests of the customer.