Joseph Patrick Roop Allegedly Engaged in Unsuitability and a Customer Complaint is Requesting Damages of $100K

Joseph Roop is the subject of a customer complaint filed on October 2, 2018 which alleges unsuitable investments and sale of securities by Roop, who was allegedly not properly registered in the State of Alabama, according to FINRA Reports under review by investor rights attorney Alan Rosca.

Said alleged unsuitable investments took place between the time period of January 2011 – July 2014, and the complaint is requesting damages of $100,000, FINRA notes.

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

Joseph Roop is Currently Registered with Kalos Capital, Inc. in Belmont, NC, and Has Worked for 5 Other Firms in His 22 Years in the Securities Industry

Joseph Roop is currently registered with Kalos Capital, Inc. in Belmont, NC, and has worked for 5 other firms during his 22 years in the securities industry, FINRA notes.

Joseph Roop has also worked at the following firms:

• Wachovia Securities, LLC, Belmont, North Carolina, May 23, 2008 to April 3, 2009
• Banc of America Investment Services, Inc., Charlotte, North Carolina, December 10, 2004 to May 28, 2008
• Legg Mason Wood Walker, Inc, Baltimore, Maryland, December 18, 200 to December 15, 2004
• MML Investor Services, Inc, Springfield, Maryland, November 9, 1998 to December 31, 2000
• Price Securities Corporation, Newark, New Jersey, August 20, 1996 to November 9, 1998

Joseph Roop also has 5 additional customer disputes which have been settled for amounts between $25,000 and $135,000, FINRA notes, and has not other pending disputes or cases.

Joseph Roop is also well-known as a brand contributor for Forbes.

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 Joseph Roop’s alleged unsuitability. 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 Joseph Roop’s alleged unsuitability may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at, or through the contact form on this webpage.