Gabriel Block Facing Pending Customer Disputes Alleging Unauthorized Trading & Unsuitability & Requesting $300K & $668K, Respectively

Gabriel Block allegedly engaged in acts of unsuitability, breach of fiduciary duty, and negligence, according to a Pending Customer Dispute filed on Block’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

The aforementioned dispute was filed on March 25, 2019, FINRA states, and is requesting damages of $300,000.

A second Pending Customer Dispute  against filed on March 1, 2019, alleges that Gabriel Block engaged in unsuitable trading, FINRA notes. Said Dispute does not specify damages requested.

A third Pending Customer Dispute filed on February 15, 2019 alleges that Gabriel Block engaged in unauthorized trading and suitability, FINRA states. A damage amount of $668,000 has been requested, FINRA reports.

Investor rights attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Gabriel Block’s alleged acts of unsuitability, breach of fiduciary duty, and negligence. Investors who believe they may have lost money in activity related to Gabriel Block’s alleged acts of unsuitability, breach of fiduciary duty, and negligence are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Gabriel Block Suspended by FINRA; Block Allegedly Failed to Respond to a FINRA Request for Information

Gabriel Block, as a result of the aforementioned alleged behavior, fell under the scope of a FINRA investigation, FINRA states.

Block allegedly failed to respond to FINRA’s request for information, FINRA notes. Hence, Block has been suspended indefinitely by FINRA until said required information is provided to FINRA or the suspension converts to a bar, FINRA reports.

If Block fails to request termination of the suspension within three months of the date of the Notice of Suspension, he will automatically be barred on May 15, 2019 from association with any FINRA member in all capacities pursuant to FINRA Rules, FINRA states.

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 mentioned in this article, unless otherwise indicated.

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 Gabriel Block’s alleged acts of unsuitability, breach of fiduciary duty, and negligence. 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, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.

Investors who believe they lost money as a result of Gabriel Block’s alleged acts of unsuitability, breach of fiduciary duty, and negligence may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.

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In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.