Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Macaluso (Macaluso), previously associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Macaluso 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 $99,999.00 on May 25, 2023.
Claimant alleges unsuitable recommendations in violation of FINRA Rule 2111 and material misrepresentations and omissions in violation of Federal law, Florida Blue Sky laws, and FINRA Rule 2020.