Investor Alert > Securities Lawyers Investigating Broker Roxann Romano’s Alleged Unsuitability Claims

Posted Jul 16, 2019

by Alan Rosca

Securities Lawyers Investigating Broker Roxann Romano’s Alleged Unsuitability Claims

Roxann Romano Allegedly Engaged in Acts of Unsuitability with Respect to Variable Annuities from 2016 to 2017

Broker Roxann Geraldine Romano, formerly Roxann Geraldine Davanzo, allegedly, inter alia, engaged in acts of unsuitability with respect to Variable Annuities from 2016 to 2017, according to a Pending Customer Dispute filed on Romano’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

The aforementioned dispute was filed on March 6, 2019, FINRA states, and is requesting damages of $1,755,896.00, FINRA notes.

Romano has been registered with Morgan Stanley in New York, NY since March 1, 2013, FINRA notes.

Investor rights attorney Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Roxann Romano’s alleged acts of unsuitability. Investors who believe they may have lost money in activity related to broker Roxann Romano’s alleged acts of unsuitability are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Concerned about investments with

Roxann Romano?

Broker Roxann Romano Settled a 2016 Customer Dispute for $100K; Romano Has 5 Disclosures on Her FINRA BrokerCheck Report

Roxann Romano settled a customer dispute which alleged that, from 2007 through 2013, Romano allegedly engaged in unauthorized closing of his accounts and unauthorized transfer of proceeds to father’s account, FINRA notes.

Said Dispute was filed on October 25, 2016, and originally requested $650,000.00 in damages, and was ultimately settled for $100,000, FINRA states.

Broker Roxann Romano has 5 disclosures throughout her 30 years in the securities industry with 6 different firms, FINRA notes. Romano was also registered with the following firms:

UBS Financial Services Inc., New York, NY— March 24, 2005 to March 11, 2013
Morgan Stanley DW, Inc., Purchase, NY— February 8, 1990 to Match 28, 2005
Castleton-Rhodes Inc.— January 15, 1990 to February 15, 1990 (It should be noted that Castleton-Rhodes was expelled by FINRA on November 2, 1992)

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.

Concerned about investments with

Roxann Romano?

Securities Lawyer Investigating

The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating broker Roxann Romano’s alleged acts of 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 Roxann Romano’s alleged acts of unsuitability 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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