Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Altobelli (Altobelli), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Altobelli 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 $50,000.00 on April 11, 2023.
Claimant’s attorneys allege that the recommendation of one non-traded business development company was not in keeping with the client’s objectives and risk tolerance, and that full disclosure was not made regarding the investment.