New Jersey Broker Vincent Mazza Barred by FINRA

Vincent James Mazza, a former broker and registered investment adviser, was barred by the Financial Industry Regulatory Authority (FINRA) on the allegations of his failure to respond to FINRA’s request for information which is a violation of FINRA Rule 8210, according to an investigation by investor rights attorney, Alan Rosca.

Investor rights attorney Alan Rosca, of the Rosca Scarlato LLC law firm is investigating alleged conduct related to the violation of FINRA Rules by Vincent Mazza in the refusal to respond to FINRA’s request for information. Prior to this allegation, Vincent Mazza was a registered broker with National Securities Corporation from 2006 till 2018, a FINRA member firm. However, he was not in the employment of any firm as at the time this allegation was brought against him in 2019.

Vincent Mazza Barred by the Financial Industry Regulatory Authority

According to his FINRA Brokercheck page, Vincent Mazza was alleged to have failed to respond to FINRA’s request for information, and as a result, he was barred indefinitely in all capacities. Owing to his failure to comply with FINRA Rule 8210 on the request for information, FINRA Rule 9552 was invoked against him. This implies that he was allegedly issued a Letter of Notice of Suspension on July 25, 2019 and a Letter of Suspension from Association on August 19, 2019. Pursuant to the provisions of this rule, the respondent, who in this case is Vincent Mazza, had the opportunity to request a termination of suspension within three months of the date of the issuance of the Letter of Notice of Suspension.

Vincent Mazza also allegedly failed to make this request and following from that, Vincent Mazza was allegedly barred from the association indefinitely on October 28, 2019.

Vincent Mazza Has Been the Subject of Various Customer Disputes.

Pending from 2018, Vincent Mazza has a customer dispute brought against him. The client sought $400,000 in damages on the allegations that Vincent Mazza participated in unauthorized trading, breach of fiduciary duty and violation of New Jersey Uniform Securities Law. Vincent Mazza also settled a customer dispute in 2012 for $47,500. The client sought $1,000,000 in damages for alleged negligence, breach of fiduciary duty and breach of contract.

Another client dispute brought against Vincent Mazza in 2010 was closed. He was alleged to have been involved in unauthorized trading, unauthorized use of margin and allegedly provided poor services and performance. The client sought $5,000 in damages. In 2006, Vincent Mazza also settled a customer dispute for $9,000. The client sought $100,000 in damages for the alleged breach of contract and warranties, unfair trade and deceptive practices, violation of state securities statutes and state fraud statutes.

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.

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of broker misconduct and is currently investigating conducts related to Vincent Mazza’s bar from failure to respond to FINRA’s request for information. 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 conducts related to Vincent Mazza’s bar for failure to respond to FINRA’s request for information may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.

DISCLAIMER

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 matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

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