Articles Tagged with Robert Genito

shutterstock_185219489-300x237The law offices of Gana Weinstein LLP are currently investigating claims that advisor Robert Genito (Genito) was terminated by his firm and then barred from the securities industry over allegations that he engaged in undisclosed businesses and private securities transactions among other allegations.  According to BrokerCheck records, Genito was formerly registered with The Financial Industry Regulatory Authority (FINRA) member firm PFS Investments Inc. (PFS Investments).  If you have been a victim of Genito’s alleged misconduct our firm may be able to assist you in recovering funds.

In November 2019 FINRA barred Genito finding that Genito consented to the sanction and findings that he refused to appear for a FINRA on-the-record testimony requested when it began an investigation after it received a Form U5 filed by his member firm. FINRA stated that the Form U5 indicated that the firm terminated Genito’s registration because it discovered that he was involved in an undisclosed outside business activity or private securities transaction. PFS Investment discharged Genito in December 2018 forfor involvement in outside business activities and potentially private securities transactions.

According to Genito’s publicly disclosed records the only outside business activities disclosed include GeniTrust.  It is unclear at this time whether FINRA’s allegations concern these entities.

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