Michael A. Battalini (also known as Michael Adam Battalini), a previously registered broker in Sewickley, PA, is subject to customer dispute disclosures and was reportedly permitted to resign from his position at World Capital Brokerage, Inc., according to his Brokercheck Report.
Rosca Scarlato LLC attorney Alan Rosca and his colleagues are investigating the circumstances surrounding Battalini’s customer dispute disclosures and employer separation. Investors who are concerned about their investments with Michael Battalini may contact Alan Rosca and his colleagues for a free case evaluation or to provide any helpful information by calling 888-998-0530 toll free, emailing arosca@rscounsel.law, or through the contact form found on our webpage.
Michael Battalini’s Customer Dispute Disclosures
On August 30, 2023, a customer dispute disclosure added to Michael Battalini’s Brokercheck report alleged unsuitable investments in connection with alternative investment products (Case #: 23-02376). The customer dispute disclosure further indicates that Battalini was employed by Coastal Equities when the alleged activities occurred, and the alleged damages are reported to amount to $300,000.
Battalini was reportedly subject to a customer dispute disclosure in December of 2022. The dispute was allegedly filed by multiple claimants and it alleged unsuitable investments in connection with investment products identified as Direct Investments-DPP & LP Interests (Case #: 22-02771). The customer dispute disclosure further indicates that the claim involves various registered representatives, and that Battalini’s customers claimed $58,000 in alleged damages.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any Brokercheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog and are the governing materials in case of any inconsistencies or typos in this blog. Readers should note that sometimes brokers may be able to expunge past customer complaints from their Brokercheck record, such that complaints referenced as of the date of this blog may not necessarily be reflected in future versions of the Brokercheck record. While the customer complaints mentioned in the Brokercheck report allege misconduct by Michael A. Battalini, the Brokercheck report does not appear to indicate whether he was a named party to those customer complaints, or the customers took action solely against the broker-dealer firm(s) that employed him at the time of the alleged conduct. Readers interested to learn more are encouraged to read the Brokercheck report or contact the Rosca Scarlato investor lawyers.
Concerned about investments with
Michael Battalini Has Been a Registered Broker Since 1999
According to his Brokercheck, Michael Battalini most recently served as a broker with World Capital Brokerage, Inc., located in Sewickley, Pennsylvania, from 2022 to 2023. In April 2023, Battalini was reportedly permitted to resign following alleged failure to timely report information about one of the arbitration cases that involved him, according to Battalini’s Brokercheck Report.
From 2017 to 2022, Battalini reportedly was registered as a broker with Coastal Equities, Inc., in its Pittsburgh, Pennsylvania office. Battalini allegedly was a broker for Prospera Financial Services, Inc., located in Pittsburgh, Pennsylvania, from 2016 to 2017.
Potential Compensation Claims for Concerned Stratman Investors
The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or broker misconduct and is currently investigating circumstances surrounding previously registered broker Michael Battalini’s customer dispute disclosures alleging unsuitable investments, among others.
Rosca Scarlato LLC law firm typically represents clients on a contingency fee basis. This means that it advances the case costs and expenses, and fees are only paid from any compensation obtained for clients. Attorney Alan Rosca, an investment lawyer and former adjunct professor of securities regulation, has over 14 years of experience representing investors in cases alleging broker misconduct.
Investors who are concerned about their investments with Michael Battalini may contact attorney Alan Rosca for a free no-obligation consultation by calling toll-free 888-998-0530, via email at arosca@rscounsel.law, or through the contact form provided on our webpage.
