Securities Lawyers Blog
According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Louis Pepe (Pepe), currently associated with Capitol Securities Management, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Pepe concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.
FINRA BrokerCheck shows a pending customer complaint on May 06, 2026.
Deceased Customer representatives alleged excessive trading and unsuitable investment recommendations in a brokerage account. Complaint alleges that trading activity from 2022 through 2025 resulted in investment losses. Damages were not specified.