Zachary Samuel Berkey Allegedly Engaged in Violation of State, Federal & Common Law; $146K in Damages Requested
Zachary Berkey allegedly engaged in violation of state, federal, and common law, according to a customer dispute Filed on Berkey’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.
Said customer dispute was filed on November 12, 2018, and is requesting damages of $146,074.00, FINRA notes.
Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Zachary Berkey’s alleged violation of state, federal, and common law. Investors who believe they may have lost money in activity related to Zachary Berkey’s alleged violation of state, federal, and common law are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Zachary Berkey Allegedly Violated Provisions of the Antifraud Securities Laws; Berkey Has Been Barred by FINRA
Zachary Berkey is the subject of a regulatory action filed on October 19, 2018 alleging, among other things, that from April 1, 2013, through December 31, 2014, Berkey allegedly violated the antifraud provisions of the federal securities laws by recommending an investment strategy that he purportedly had no reasonable basis to believe would be suitable for anyone, FINRA notes.
Berkey also allegedly recommended an investment strategy that was unsuitable for three customers, purportedly making material misrepresentations and omissions regarding the investment strategy that he recommended to his customers, churning customer accounts, and engaging in unauthorized trading, FINRA states.
As a result of the aforementioned behavior, Zachary Berkey has been barred by FINRA in association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or NRSRO, FINRA states.
Zachary Berkey worked for 17 years in the securities industry with four firms, and has 11 disclosures on his FINRA BrokerCheck Report, FINRA notes.
Berkey last worked for Four Points Capital Partners LLC in Melville, New York from April 1, 2013 until January 16, 2015, FINRA notes.
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 investment-related fraud or misconduct and are currently investigating Zachary Berkey’s alleged violation of state, federal, and common law. 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 Zachary Berkey’s alleged violation of state, federal, and common law 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.