Former Broker Lon Faccini Jr. Has Nine Customer Disputes on His BrokerCheck
Fromer Broker Lon Faccini Jr. (CRD#2736849) most recently was registered at TSG Capitol Advisors in Ronkonkoma, New York. There are nine customer disputes reported on his BrokerCheck, several with allegations of excessive trading in customer accounts.
For example, one settled customer dispute alleges excessive trading, unsuitability, and churning. The dispute alleges damages of $307,042.00 and settled for $115,000.00.
Another settled customer dispute alleges negligence and churning. The dispute alleges damages of $112,426.00 and settled for $36,000.00. Additionally, another settled customer dispute alleges misrepresentation, and unsuitability. The dispute alleges damages of $106,000.00 and settled for $40,000.00.
We are a Chicago-based law firm with a national practice, representing investors nationwide in seeking to recover their investment losses. The firm continues to investigate brokerage firms and brokers who have placed elderly investors, retirees and other conservative investors in unsuitable investments.
We receive the highest rankings as attorneys for quality work and ethics. We successfully have filed numerous cases against brokerage firms that sold high-risk investments, recovering more than $50 million on behalf of victimized investors. In those cases, we allege that the investment recommendations were unsuitable for our clients based on their financial situation, needs, and investment objectives.
We offer free case evaluations and handle matters on a contingency fee basis-meaning you pay no attorney's fees unless we recover compensation for you. If you have incurred investment losses with Loni Faccini Jr. and would like a securities attorney to evaluate your case, please contact us.