Articles Tagged with Revere Securities LLC

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Gregory Bodkin (Bodkin), currently associated with Revere Securities LLC / Mcg Securities LLC / IBN Financial Services, INC., has been subject to at least 4 disclosable events. These events include 4 customer complaints. Several of those complaints against Bodkin  concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,355,156.98 on February 16, 2022.

Fraud, churning, unauthorized trading, excessive trading/commissions, breach of fiduciary duty, unsuitable recommendations, breach of contract, negligence, unjust enrichment, and failure to supervise. No specific dates of alleged activity are provided, due to the numerous clients contained in the claim.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Adam Cavise (Cavise), currently associated with Revere Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cavise recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on October 10, 2023.

Customer alleged that RR failed to follow instructions; specifically, instructed the RR to sell shares upon trading and additional shares, resulting in losses. Dates of activity were not indicated.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Arthur Defilippo (Defilippo), currently associated with Revere Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Defilippo 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 $5,000.00 on December 20, 2024.

No specific allegations made in the complaint. Request for funds in excess of current account value was made. Attorney included a recommendation to Mr. DeFilippo to “secure counsel familiar with both securities fraud and elder financial abuse.” Allegations would appear to stem back to original account opening, which pre-dates January 2018.

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