Ron Ernest Filoramo (also known as Ronald Ernest Filoramo), a previously registered broker and investment adviser, is subject to multiple customer dispute disclosures alleging losses in connection with outside investments, among others, according to his Brokercheck Report.
Rosca Scarlato LLC attorney Alan Rosca and his colleagues are investigating the circumstances surrounding Filoramo’s customer dispute disclosures. Investors who are concerned about their investments with Ron Filoramo and would like to evaluate whether they have claims for compensation may contact Alan Rosca 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 website.
Multiple Customer Dispute Disclosures Disclosed on Filoramo’s Brokercheck
Filoramo’s Brokercheck Report indicates three customer dispute disclosures were reportedly received in April of 2023.
A customer dispute disclosure dated April 20, 2023, alleged that the financial advisor requested fund transfers to “a purported outside investment that cannot be located”. The claimant alleged that the employing firm when the alleged activity occurred was Morgan Stanley and requested $62,000 in alleged damages.
Two of the dispute disclosures, both dated April 14th, made similar allegations. One of the customer dispute disclosures alleged the activity occurred in 2021 and requested $172,133 in alleged damages. The other customer dispute disclosure alleged the activity occurred during 2016-2018 and requested $290,000 in alleged damages.
Ron Filoramo is reportedly subject to a customer dispute disclosure dated March 2023, which also alleged damages as a result of being fraudulently induced to transfer funds to an outside investment, which the customer alleged were never made. $335,850 was reportedly requested in alleged damages, according to Filoramo’s Brokercheck Report.
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 Ron E. Filoramo, 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
Ron Filoramo Has Been a Registered Broker Since 1999
According to his Brokercheck, Ron Filoramo has been registered as a broker and investment adviser with Morgan Stanley, in its Fort Lauderdale, Florida offices, since 2011. In May 2023 he was reportedly discharged from Morgan Stanley “following allegations he fraudulently induced clients to transfer funds to purported investments that were never made.”
From 2006 to 2011, Filoramo reportedly served as a broker and investment adviser with Wells Fargo Advisors, LLC, in Hallandale, Florida. Filoramo allegedly was employed as a broker and investment adviser by UBS Financial Services Inc. from 2002 to 2006.
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 misconduct and is currently investigating circumstances surrounding currently registered broker and investment adviser Ron Filoramo’s customer dispute disclosures alleging fraudulent inducement to invest in purported outside 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 retrieved for clients. Attorney Alan Rosca, an investment loss lawyer and former adjunct professor of securities regulation, has over 14 years of experience representing investors who have experienced investment loss due to broker misconduct.
Investors who are concerned about their investments with Ron Filoramo 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 website.
