Anthony Conti Allegedly Withheld Material Information Concerning the Financial Condition of an Issuer from its Sales Force & Claimant Prior to Sale
Anthony Conti allegedly engaged in negligence and misrepresentations, all according to a customer complaint disclosed in publicly available records maintained by the Financial Industry Regulatory Authority (FINRA).
The investor rights lawyers at Goldman Scarlato & Penny law firm are investigating Mr. Conti’s conduct to determine whether any investors may have claims for alleged negligence and misrepresentations. Investors may contact investor rights attorney Alan Rosca to provide information or inquire about their legal options.
A claim filed on February 19, 2018 alleges that Ross, Sinclaire & Associates, LLC withheld material information concerning the financial condition of an issuer from its sales force and claimant prior to sale, FINRA notes.
Said Investment was allegedly deemed to be unsuitable by the claimant because of the reported undisclosed material information and investor’s conservative risk tolerance, FINRA states. Said claim has requested damages of $307,955.00, FINRA notes.
Anthony Conti was registered with Ross, Sinclaire & Associates, LLC in Pittsburgh, PA from December 3, 2009 through June 16, 2017, FINRA states.
Anthony Conti, While Registered at RSA, Allegedly Committed Acts of Negligence & Misrepresentations in Relation to the Safety & Security of Film Tax Credit Notes
Anthony Conti, while registered at Ross, Sinclaire & Associates, LLC (RSA) allegedly misrepresented the safety and security of film tax credit notes purchased from the issuer, leading clients to believe their principal was not subject to significant risk, FINRA notes.
Three clients of RSA commenced an arbitration claim against the firm, and the clients also allege that these misrepresentations and negligence caused the loss of principal, FINRA states. The damages requested are $2,200,000.00, FINRA states.
Brokerage firms such as Ross, Sinclaire & Associates, LLC have a responsibility to adequately supervise all of their registered representatives who are employed through their firm, to prevent violations of securities rules and regulations. Brokerage firms also must initiate action to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. If and when brokerage firms fail to adequately supervise their registered representatives, they may be held liable for investment losses sustained by customers.
Securities Lawyer Investigating
The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Anthony Conti’s alleged negligence and misrepresentations. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to securities class actions.
If you or a loved one or a friend has lost money investing with Anthony Conti, you may contact attorney Alan Rosca or his colleagues for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at email@example.com, or through the contact form on this webpage.